Mario Lozano Vocab Lesson 4

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Across
  1. 3. what a company owns; anything of value owned by a business
  2. 5. a report that lists a company’s assets, liabilities, and owner’s equity
  3. 7. comparisons of a company’s financial elements that indicate how well the business is performing
  4. 13. the financial record of employee compensation, deductions, and net pay
  5. 15. differences between actual and budgeted performance
  6. 16. the value of the business after liabilities are subtracted from assets; the value of the owner’s investment in the business
Down
  1. 1. detailed plans for the financial needs of a business
  2. 2. a financial document that contains information on all employees of the company, their compensation, and benefits
  3. 4. costs of operating a business
  4. 6. an estimate of the actual money received and paid out for a specific period of time
  5. 7. financial documents that are used to record and analyze the financial performance of a business
  6. 8. a report of revenue, expenses, and net income or loss from operations for a specific period
  7. 9. all income that a business receives over a period of time
  8. 10. describes the financial plan for ongoing operations of the business for a specific period of time
  9. 11. what a company owes
  10. 12. funds are deposited electronically and available automatically for your use
  11. 14. budget plans income and expenses from the beginning of a new business or a major business expansion until it becomes profitable