Chapter 2

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Across
  1. 1. Revenue: liability of someone paying advanced.
  2. 3. recording transactions in journal
  3. 6. payment for an organization
  4. 8. Record of an accounting system
  5. 10. Balance: point and time of accounts and balance
  6. 11. of Accounts: list of accounts from a company
  7. 13. tools used for showing effects of transaction.
  8. 14. right side
  9. 15. (PR) Reference: individual ledger account number when entries are posted to ledger.
  10. 18. Journal Entry: Journal entries that are more than 3.
  11. 20. Ratio: balance of totals of liabilities and assets
  12. 21. Capital: owners company assets
Down
  1. 2. left side
  2. 4. Recording all accounts
  3. 5. Journal: All-purpose journal
  4. 7. transferring journal entry info to ledger
  5. 9. Column Account: recording entries from debit and credit account.
  6. 12. Balance: difference in total credit and debit
  7. 16. Documents: information of accounting entries
  8. 17. Entry Accounting: Account system when transaction affects 2 accounts.
  9. 19. Record of transactions