Across
- 6. Costs incurred to generate revenue
- 7. Income earned from business operations
- 9. List of accounts and their balances
- 10. Obligations or debts owed by a business
- 12. Business activity with financial impact
- 13. Total debits equal total credits
- 15. Reduction in value of an asset
- 19. Report of revenue and expenses
- 20. Movement of cash in and out
Down
- 1. Book of original entry
- 2. Generally Accepted Accounting Principles
- 3. Items of value owned by a business
- 4. Right side of an account
- 5. Left side of an account
- 8. Owner’s interest in the business
- 11. Financial position at a point in time
- 14. Funds contributed by the owner(s)
- 16. Transferring journal entries to ledger
- 17. Revenue recognized when earned
- 18. Collection of all accounts