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Across
  1. 3. What a company owes to others, like bills to pay, loans, and salaries it hasn't yet paid.
  2. 7. Ledger: A list of all the company's accounts for assets, liabilities, owners' equity, money coming in, and money going out.
  3. 9. Statement: A regular update from the bank to someone with a checking account, showing how much money is in the account at the start, middle, and end of the month.
  4. 10. Income: The money left over after paying personal taxes and other government fees.
  5. 12. The money a company gets for selling goods or services.
  6. 13. A plan for how much money a company expects to spend and earn in the future.
  7. 16. Receivable: The money that's owed to a company by its customers for goods or services they've bought on credit.
  8. 17. Income: The money a company makes from selling goods or services.
  9. 18. Public Accountant or CPA: An accountant who meets the education, experience, and test requirements to be officially certified.
  10. 20. When a professional accountant or team checks a company's financial reports to make sure they're accurate and follow the rules.
Down
  1. 1. The costs a company has to pay to keep its business running.
  2. 2. Assets: Stuff a company owns that it uses a lot and is unlikely to change soon, like buildings or equipment.
  3. 4. Any cost that helps a company run its business.
  4. 5. When a company doesn't have enough money to cover its debts.
  5. 6. Flow: The difference between the money coming in and going out of a company for a certain time.
  6. 8. Everything a company owns, like cash, money owed to it, stock, equipment, and salaries paid.
  7. 10. What goes on the left side of a double-entry bookkeeping system when you're adding something to an asset or expense, or taking something away from a liability or revenue.
  8. 11. Sheet: A quick look at a company's financial health at a certain point in time, showing what it owns, what it owes, and what's left over for the owners.
  9. 14. When a company records an expense or income before it actually happens.
  10. 15. What's left over after you take away all the company's debts from its assets.
  11. 19. Statement: A report that shows how much money a company made and spent over a certain period.