Across
- 2. is the book of secondary or final entry
- 3. The acronym for International Financial Reporting Standards
- 4. is an Income account
- 7. The acronym for Institute of Chartered Accountant of India
- 12. assets which don't have a physical form but have rights and value
- 14. Income of a recurring nature from any source
- 17. allocations made by company before profits are calculated
- 19. the amount of capital, called up by the Co. and public have agreed to take up and pay
- 20. Act of recording transactions in a chronological order
- 21. is the book of prime entry
- 23. The acronym for Accounting Standards Board
- 25. is the list of credit and debit balances of ledger accounts which are equal
- 26. These form the loan capital of a company
- 28. A set of activities which is measured in value
- 29. The acronym for Generally Accepted Accounting Principles
- 30. Those shares which gets first priority when dividends are declared
Down
- 1. is an Asset account
- 5. assets which can be quickly converted to cash
- 6. An expenditure where benefits expire within an accounting cycle
- 8. the amount of capital which is actually paid by the public
- 9. is the notional reduction in value of intangible assets
- 10. is an Expense account
- 11. the amount of dividend declared and paid between two general body meetings
- 13. is equal to Purchases minus returns
- 15. is a liability account
- 16. Assets - Liabilities
- 18. it is the last resort to balance the Trial balance
- 22. It is equal to the sum of Capital & Liabilities
- 24. is part of capital account
- 27. Also called as common shares, form the bulk of a company's capital and are the real owners of the company