Crossword

2. Long-term assets that lack physical existence.
4. Receivables that are frequently named as "bad debts".
5. Economic resources owned by an entity and tailing future benefits to the entity.
7. Physical items employed in production process or other operations of the business.
11. Long-lived assets necessary in the operation of a business and are not convertable into cash.
12. Assets that are due from debitors for certain date.
14. Reports how much firm earned in the period of analysis.
15. Cash and other assets that are convertable readily into cash throughout normal cycle of business or as usual within year.

1. Summarizes what a firm ownes and owes at a point in time.
3. Goods finished at production and awaiting for sale.
6. Ownership interest of the company.
8. Debts and obligations to pay oney or to rent services.
9. Goods purchased for being sold.
10. Goods being manufactured and not completed yet.
13. Assets owned by an entity with the purpose of being sold or used in production process within 1 calendar year or operational cycle unless it's less than 1 year.