Crossword # 4

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Across
  1. 5. ASSET provided to a CREDITOR as security for a loan.
  2. 6. One type of long-term PROMISSORY NOTE
  3. 7. Person in a brokerage house, bank trust dept., or mutual fund group who studies a number of companies and makes buy or sell recommendations on the securities of particular companies and industry groups.
  4. 9. Individual or firm acting as a principal in a securities transaction.
  5. 10. ASSET account on a balance sheet representing paper currency and coins, negotiable money orders and checks, bank balances, and certain short-term government securities.
Down
  1. 1. The process of recording financial transactions and keeping financial records.
  2. 2. ACCOUNTANT who has satisfied the education, experience, and examination requirements of his or her jurisdiction necessary to be certified as a public accountant.
  3. 3. To clear the BALANCES of temporary accounts in order to be ready for the next accounting period.
  4. 4. All or portion of an ACCOUNT, loan, or note receivable considered being uncollectible.
  5. 8. Gradual and periodic reduction of any amount, such as the periodic write-down of a BOND premium, the cost of an intangible ASSET, or periodic payment Of MORTGAGES or other DEBT.