Accounting Concepts Crossword
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
 
 
Down: 1) dollars...transactions stated in numbers2) Changes are reported for a specific period of time in the form of a fincancial statement.3) same procedures are followed in the same way each accounting period.4) financial statements are prepared with the expectation that a business will remain in operation indefinitely.5) Financial information are recorded and reported separaetly from the owners personal financial statement. Across: 6) revenue is recorded at the time goods are sold.7) statements that contain all information necessary to understand a business's financial condition.8) a source document is prepared for each transaction9) actual amount paid for merchandise or other items bought is recorded.10) Revenue from business activities and expenses associated with earning that revenue are recorded in the same accounting period cycle.
 

 

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