Across
- 6. revenue - expenses =
- 7. income of a company
- 10. The opposite of assets
- 12. Generally accepted accounting principles
- 13. profit without deductions
- 16. Can easily be turned into cash
- 18. Always go on the right
- 19. Financial Accounting Standards Board
- 20. divisions of a general ledger
Down
- 1. measures the loss in value of an asset
- 2. profit that you take home
- 3. Recording,reporting,analysis of transactions
- 4. How often a business should check its stats
- 5. Always go on the left
- 8. A business deal
- 9. A value of which a company owns
- 11. Difference between assets and liabilities
- 14. The word 'accounting' comes from a ___ word
- 15. Income statements determine ____
- 17. shows the amount of revenue you make