Across
- 4. Allocation of the cost of a fixed asset over its useful life
- 7. Amount set aside for expected losses
- 8. Cost incurred to earn revenue during the period
- 9. Income received in advance before services are performed
- 11. Gradual write-off of intangible assets
Down
- 1. Entries made at the end of the period to update accounts
- 2. Earnings of a business during an accounting period
- 3. Expense that is due but not yet paid
- 5. Expense paid in advance and recorded as an asset
- 6. Statement prepared before adjustments
- 10. Expenses or income that have been incurred but not yet recorded