Chapter 7 Study Guide

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Across
  1. 4. combination journal entries made to bring general ledger accoutns up to date
  2. 6. changes recorded to update general ledgers accounts at the end of a fiscal period
  3. 7. The diference between total revenue and total expenses when total revenue are greater
  4. 8. a columnar accounting form on which the financial condition of abusiness is summerized
Down
  1. 1. a proof of the equality of debits and credits in a general ledger
  2. 2. The difference between total revenue and total expense when total expenses are greater
  3. 3. the length of time for which a business analyzes finanacial information
  4. 5. A financial statement showing the revenue and expenses for a fiscal period