Principles Of Account

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Across
  1. 2. What Concept Requires That The Local Currency Unit Of Measurement Be Used For Recording Business Activites?
  2. 5. Small Aspect Of Account
  3. 6. When A Business Makes A Sale For A Higher Price From It's Wholesale Price
  4. 9. What Concept Requires That All Business Resources Must First Be Recorded At Their Acquisition Cost?
  5. 10. A Discount Based On How Prompt The Payment Was
  6. 11. Owner Takes Out Money From The Business For His/Her Personal Use
  7. 12. A Discount That Is Dependent Of Quantity
  8. 13. In Accounting, Reconciliation Refers To A Process That Compares Two Sets Of Records (Usually The Balances Of Two Accounts) To Make Sure They Are In Agreement
  9. 14. Assets = ? + Owner's Equity
Down
  1. 1. What Are Premesis, Motor Vehicles & Office Equipment Under?
  2. 3. What Concept Requires All Transactions Must Be Recorded With Evidence?
  3. 4. What Concept Assumes That The Business Will Operate Indefinitely?
  4. 7. It Refers To Any Economic Event Or Activity That Affects The Financial Condition Of A Business
  5. 8. A Discount That Is Credit In Nature
  6. 15. Period What Concept Requires The Business To Prepare Financial Statements Periodically?