FR

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Across
  1. 1. Statement showing inflow and outflow of cash.
  2. 3. Owners’ interest in the business.
  3. 4. Amount set aside for a future obligation.
  4. 8. Reduction in the value of a fixed asset over time.
  5. 10. Amounts owed by the business.
Down
  1. 2. Resources owned by a business.
  2. 5. Income earned from normal business operations.
  3. 6. Goods held for sale.
  4. 7. Accounting standards followed by many Indian companies.
  5. 9. Independent examination of financial statements.