Across
- 3. Financial plan that serves as an estimate of future cost
- 4. Debts or obligations that a company owes to others
- 5. The use of accounting skills to investigate fraud or embezzlement and to analyze financial information
- 6. The amount of money paid to employees for their work or services
- 8. Represents the ownership interest in a company after liabilities are deducted from assets.
- 11. Any cost that contributes to a company’s overall cost of doing business
- 12. amounts received as compensation for services rendered
- 15. The recognition of an expense or revenue that has occurred but has not yet been recorded.
- 18. angible LONG TERM ASSETS used in the continuing operation of a business that are unlikely to change for a long time.
- 19. refers to cash and other assets that business owners can put into the company to help it succeed and grow.
Down
- 1. Collection of all ASSET, LIABILITY, owners EQUITY, REVENUE, and expense accounts.
- 2. The total income a business generates from its primary activities
- 3. A snapshot of a company's financial condition at a specific moment in time
- 7. Amounts owed by a company to suppliers or vendors for goods or services purchased on credit.
- 9. Funds invested in a company by shareholders or investors to support business operations and growth.
- 10. Consisting of common stock, retained earnings, and investment capital.
- 13. The amount that remains when expenses are paid.
- 14. Money received by a company for providing goods or services.
- 16. The amount of money a business earns after deducting all expenses
- 17. occurs when expenses exceed revenues
