INTRODUCTION TO ACCOUNTING

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Across
  1. 4. The right side of the account
  2. 6. Life of organization of a partnership.
  3. 7. Person in charge of accounting.
  4. 9. Internal user making routine decisions and needs information in planning, organizing and controlling operations.
  5. 10. Process of recording in chronological order, the daily transactions of a business entity.
  6. 12. Wealth or resources owned by the business.
  7. 13. Not allowing a conflict of interest or prejudice to influence an auditor's judgement.
  8. 16. External users interested in whether to continue to support its product lines.
  9. 17. Not disclosing sensitive financial information or trade secrets for personal gain.
Down
  1. 1. Change basic inputs into products that are sold to individual customers.
  2. 2. All income from the sale of goods or the provision of services based on the concept of revenue recognition.
  3. 3. Debt or business obligation to be paid by a business entity to another party.
  4. 4. Consist of assets in the business by the owner.
  5. 5. Purchase inventories from other businesses and resell the inventories to individual customers.
  6. 8. Concept that a company uses the principles and methods year to year.
  7. 11. Provide services rather than products to customers.
  8. 13. Numbers of owners for a sole proprietorship.
  9. 14. Capital source of a company.
  10. 15. The left side of the account