Across
- 6. Ratio that evaluates short term ability to pay debt
- 7. Anything of value to a business
- 9. A business with more than one owner
- 10. Paid to shareholders
- 12. Period of time over which earnings are measured
- 13. Source document. Can be purchase or sales
- 17. Book of original entry
- 18. A group or file of accounts
- 19. Method of accounting for merchandise inventory
- 20. Money owed to a business by its customers
- 22. When revenue exceeds expenses
- 24. A debt of a business
- 27. A type of business that resells goods
- 28. A limited company with shareholders as owners
- 29. Statement to compare cash bank and company
Down
- 1. A person who is owed money by the business
- 2. A business with one owner
- 3. Sales tax
- 4. A type of business that sells intangible items
- 5. A statement showing the financial position
- 8. Also known as net worth and owner's equity
- 11. The steps in the fiscal accounting process
- 14. Term of sale
- 15. Eight or ten column. Tom's favourite.
- 16. Process transferring from journal to ledger
- 18. How current asset are arranged
- 20. Left side of an account
- 21. Ratio of net earnings to owner's equity
- 23. A Canadian professional accounting designation
- 25. Exchange of values
- 26. Non sufficient funds