Across
- 2. a business recognized to have a life of its own
- 3. the rules that accountants follow
- 7. financial information recorded by a computer
- 11. period of time covered by an accounting report
- 13. buys finished products and resells them
- 15. enough of something
- 19. summarized information about the financial status of a business
- 21. accountants have a hardworking and professional mindset
- 22. a person who starts and owns a business
- 23. the seats will be available and there will be enough room
- 24. exists independently of its owners personal belongings
- 25. when an accounting assumes a business will survive
- 26. basics of accounting
- 27. people are free to produce the goods and services they chose
- 28. accounting information processed by hand
Down
- 1. reports information internally or to management
- 4. certain things
- 5. a business owned by a single person
- 6. a business owned by 2 people
- 8. gives corporations certain rights and privelages
- 9. focuses on reporting information to external users
- 10. designed to collect and report financial transactions affecting the business
- 12. money lost
- 14. money that investors or banks supply
- 16. calculate expenses
- 17. buys raw materials and uses labor to make them into finished products
- 18. money earned
- 20. provides service for a fee