Practical Accounting I - Chapter 1

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Across
  1. 3. Planning Giving advice to clients on preparing their income tax
  2. 6. To whom the business owes money
  3. 9. Certified Public Accountant
  4. 10. Statements Periodic reports that classify data in a meaningful way
  5. 12. Property a business owns. Example: cash, supplies, building, etc.
  6. 13. Financial information about a business that is communicated to interested parties
  7. 14. Equity Owner’s financial interest.
Down
  1. 1. Sheet States a firm’s assets, liabilities, and owner’s equity
  2. 2. Accounting Providing accounting services for MANY companies
  3. 4. Equation A = L+E
  4. 5. Debts of a business. Not always involves money
  5. 7. Accounting Private accounting. Working for only ONE business
  6. 8. Accounting Preparing income tax.
  7. 11. Statement Shows revenue earned and expenses of a business
  8. 13. The review of financial statements to make sure they are correct and free of fraud
  9. 15. Compliance Prepares tax returns and the audits of those returns