Millan - Chapter 2 Vocab

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Across
  1. 3. generally accepted accounting principles
  2. 4. owners personal holdings
  3. 5. a business owned by one person
  4. 13. designed to collect
  5. 17. communication of financial information
  6. 19. accounting cycle
  7. 20. earnings
  8. 22. buys raw materials
  9. 24. sells products or services to customers
  10. 26. certain thing
  11. 27. a business recognized by law
Down
  1. 1. automated accounting system
  2. 2. gives a corporation certain rights/privileges
  3. 6. a business owned by two or more persons
  4. 7. financial status
  5. 8. businesses that fail in first cycle
  6. 9. internal users
  7. 10. external users
  8. 11. what you lose
  9. 12. reasonable level
  10. 14. free to produce the goods
  11. 15. buys finished products and resell
  12. 16. amount of capital
  13. 18. accounting information is processed
  14. 21. money that owners supply
  15. 23. provides a service
  16. 25. transform ideas into products
  17. 28. certain behaviors