Crossword Puzzle Unit 6 Jack Rodney

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Across
  1. 1. / the amount the owner has invested in the business
  2. 3. / a listing of the business's different accounts and their current balances
  3. 6. / After collecting this documentation
  4. 8. / whether the business's health is stable, improving, or declining is also known as
  5. 10. / the final step is "Closing the Books"
  6. 11. / Assets - liabilities = Owner's Equity
  7. 12. / Without this, Businesses would crumble
  8. 13. / anything of value that the business owns
  9. 17. / financial summary estimating when, where, and how much money will flow into and out of a business
  10. 18. is the process of keeping financial records
  11. 19. / a business's financial condition at a particular moment-
  12. 20. / a accounting record for a specific department
Down
  1. 2. / sometimes called the profit-and-loss statement
  2. 4. / method journalize income and expenditures at the time they occur
  3. 5. / One of the Financial Transactions
  4. 7. / a consistently applied process for handling its financial information
  5. 9. / records income and expenditures at the time the money changes hands.
  6. 14. / One of the Source Documents
  7. 15. / a special book or computer program in which transactions are recorded
  8. 16. / debts that the business owes