Across
- 4. Income generated from business operations.
- 6. A business event affecting financial position.
- 9. An entry that increases assets or expenses.
- 11. The process of transferring journal entries to the ledger.
- 12. Costs incurred in running a business.
- 13. SHEET A financial statement showing assets, liabilities, and equity.
- 15. BALANCE A list of all accounts and their balances.
Down
- 1. The reduction in value of an asset over time.
- 2. An entry that increases liabilities or revenue.
- 3. A record where transactions are first entered.
- 5. Anything of value owned by a business.
- 7. A visual representation of debits and credits.
- 8. A book where all accounts are maintained.
- 10. An obligation or debt a company owes.
- 14. The owner's interest in the business.