Accounting t2 Crossword
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
                                           
 
 
Down: 1) a group of accounts; also referred to a general ledger3) anything of value that a person or business owns4) a list of all accounts used by a business5) the owner’s claim to the assets of a business6) an entry on the right side of an account7) a legal right to property9) a visual representation of a ledger account. It is a tool used to analyze transactions10) money or other property paid out in order to produce a profit12) an entry on the right side of an account13) refer to the dollar amount of the owner’s equity in the business (liabilities)14) a system used to analyze and record a transaction that recognizes both debit and credit sides19) income earned for the sale of goods or services 20) the increase side of an account22) any person or business to which you owe money (who you owe) Across: 2) the total amount of money owed to a business (someone owes you)8) when the owner takes cash or other assets from the business for other use11) an entry on the left side of an account15) an economic event that causes change - either an increase or decrease - in assets, liabilities, and\or owner’s equity16) the accounting term for the financial claim to assets17) assets = liabilities + owner’s equity18) amount owned to creditors; the creditor’s claim to the assets of a business21) a subdivision under assets, liabilities, or owner’s equity23) the cost of products or services sued to operate a business (rent, utilities, etc.)24) the amount owed to the creditors of a business (you owe someone) (owner’s equity)25) when a business buys an item on credit26) property or item of value owned by a business
 

 

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