New Year's Puzzle

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Across
  1. 1. Maintaining the toy production factory, travelling and taking care of the ______ are examples of Santa’s operating expenses.
  2. 7. Santa’s traditional gift for accounting students is “A manual on _______________”.
  3. 8. If Santa Claus was an accountant he would divide all children into assets and ____________ .
  4. 9. Santa’s toy production factory is a _____________ asset.
Down
  1. 2. In Santa’s Profit and Loss Account, cookies that children leave by the Christmas tree and letters of gratitude would be classified as ________________.
  2. 3. The legal status of Santa Claus’ enterprise is most likely to be is a not-for-profit ___________.
  3. 4. __________ to Elves is another example of Santa’s expenses.
  4. 5. One of Santa’s assets that must be depreciated.
  5. 6. The biggest category in Santa’s stock is ____________.