Chapter 12 Financial Management

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Across
  1. 2. statement Reports the revenue, expenses, and net income or loss from operations for a specific period.
  2. 7. sheet Lists the assets, liabilities, and owner's equity for a specific date.
  3. 8. The costs of operating a business.
  4. 10. Detailed plans for the financial needs of individuals, families, and businesses.
  5. 12. What a company owes.
  6. 14. budget Plans income and expenses from the beginning of a new business or a major business expansion until it becomes profitable.
Down
  1. 1. equity The value of the owner's investment in the business.
  2. 3. All income that business receives over a period of time.
  3. 4. The financial record of employee compensation, deductions, and net pay.
  4. 5. budget Describes the financial plan for ongoing operations of the business for a specific period.
  5. 6. What a company owns.
  6. 9. records Used to record and analyze the financial performance of a business.
  7. 11. deposit The employer transfers net pay electronically into the employee's bank account.
  8. 13. budget An estimate of the actual money received and paid out for a specific period.