Across
- 1. a short-term debt and a liability on a balance sheet where a business owes money to its vendors/suppliers
- 6. a record of a company's financial transactions
- 9. a financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time
- 10. the cost required for something; the money spent on something.
- 11. a time frame used to create financial statements and reports for a business.
Down
- 2. the total amount of money being transferred into and out of a business
- 3. financial obligations that a company or individual owes to another party
- 4. the money and assets a business uses to start, run, and grow
- 5. changes to journal entries you've already recorded
- 7. a current asset that includes all raw materials, work-in-progress, and finished goods a company has
- 8. a resource that an entity owns or controls that can be used to generate economic value