Across
- 3. a balance sheet provides information in this context (8)
- 10. statement of financial position (7,5)
- 11. title stipulation of P&L (3,3,4,6)
- 14. another name for non-current (4,4)
- 15. stock (9)
- 16. a kind of non-current asset (9)
- 17. accounting concept associated with honesty (9)
Down
- 1. presented on the P&L after gross profit is calculated (8)
- 2. opening inventory and purchases make up this (4,2,5)
- 4. a kind of liability (8)
- 5. another name for capital (6,6)
- 6. method of reducing the value of an asset (12)
- 7. another name for P&L (6,9)
- 8. money introduced into a business (7)
- 9. a business continues to trade on this 'assumed' basis (5,7)
- 12. title stipulation for the balance sheet (2,2)
- 13. abbreviation for accounting equation (3)