Balance sheet 1

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Across
  1. 1. assets assets with a physical form like machinery or land
  2. 3. gradually written off over time, especially for intangible assets
  3. 5. assets long-term tangible property used in business operations
  4. 8. reduced in recorded value due to depreciation
  5. 9. materials basic materials used to produce goods
  6. 13. no longer used or outdated
  7. 14. recorded or continued from one period to another
  8. 17. equipment used in manufacturing or production
  9. 18. financial instruments like stocks or bonds held as assets
  10. 20. inventory held for sale or production
  11. 21. names or symbols associated with a product or service
  12. 22. sheet a financial statement showing a company's assets, liabilities, and equity at a specific point in time
  13. 23. something valuable owned by a business that can provide future benefit
  14. 25. assets assets expected to be converted to cash or used within a year
  15. 28. spreading the cost of an intangible asset over its useful life
  16. 29. goods completed products ready for sale
  17. 31. goods products in the process of being manufactured
  18. 32. customers who owe money to the business
Down
  1. 2. assets non-physical assets like patents, trademarks, and goodwill
  2. 4. value the price at which an asset could be sold in the open market
  3. 6. assets physical items such as buildings or equipment
  4. 7. out to become unusable due to usage or age
  5. 10. an expense recorded against profits for depreciation or amortization
  6. 11. the value of a company's reputation and customer relationships
  7. 12. particular entries listed in a financial statement
  8. 15. off removed an asset from the books because it has no value
  9. 16. reduction in value of a tangible asset over time
  10. 19. money in physical form or bank balances available immediately
  11. 22. value the value of an asset in the company’s accounting records
  12. 24. down reduced the book value of an asset for accounting purposes
  13. 26. structures owned by a business for its operations
  14. 27. real estate owned by the company
  15. 30. debts amounts owed to a business that are unlikely to be paid