Across
- 1. - Expenses paid in advance and recorded as assets
- 5. - Expenses incurred but not yet paid or recorded
- 8. - The allocation of the cost of a tangible asset over its useful life
- 9. - Revenue or expenses recognized before cash transactions occur
- 10. - The act of allocating resources, usually money, in the expectation of generating income
- 14. - Amounts owed to the government based on income, often adjusted at year-end
- 16. - Financial obligations recorded on the balance sheet
- 19. - Revenue earned from business activities .
- 20. - Technology used to enhance financial services
- 21. - The ownership interest in the company, calculated as assets minus liabilities
Down
- 2. - Costs incurred by a business in the process of earning revenue
- 3. - An estimate of a liability or expense, such as for bad debts
- 4. - Income earned from providing goods or services
- 5. - The gradual write-off of an intangible asset over its useful life
- 6. - Revenue received before it is earned, recorded as a liability
- 7. Flow - The movement of cash into and out of a business
- 11. - Money set aside for future use
- 12. Banking - Financial transactions conducted via mobile devices
- 13. - Funds invested by the owners or shareholders in the business .
- 15. - The cost of borrowing money, usually expressed as a percentage
- 17. Debts - Amounts receivable that are considered uncollectible
- 18. - Borrowed money that must be repaid with interest