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CR
ACCOUNTING TERMS/RULES
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Liabilities: Assets = __________+ Stockholders' Equity.
Notes Payable: Borrow from a bank Increase Cash and Increase ______________.
Cash: Type of asset account.
Revenue: Providing services or selling products in the course of operating a business.
Increase: Revenues __________ retained earnings.
Net Income: Revenues greater than Expenses equals ____________.
Balance Sheet: Reports on the financial condition of a company on a particular day.
Decrease: Dividends ___________ retained earnings.
Expenses: Results in a decrease in assets and a decrease in retained earnings.
Common Stock: A type of stockholders' equity account.
ACCOUNTING TERMS/RULES
Across:5. | Type of asset account. | 6. | Assets = __________+ Stockholders' Equity. | 8. | Results in a decrease in assets and a decrease in retained earnings. |
| 9. | A type of stockholders' equity account. | 10. | Revenues greater than Expenses equals ____________. |
| | Down:1. | Borrow from a bank Increase Cash and Increase ______________. | 2. | Providing services or selling products in the course of operating a business. | 3. | Dividends ___________ retained earnings. |
| 4. | Reports on the financial condition of a company on a particular day. | 7. | Revenues __________ retained earnings. |
| |
© 2014
PuzzleFast.com, Noncommercial Use Only
ACCOUNTING TERMS/RULES
Across:5. | Type of asset account. | 6. | Assets = __________+ Stockholders' Equity. | 8. | Results in a decrease in assets and a decrease in retained earnings. |
| 9. | A type of stockholders' equity account. | 10. | Revenues greater than Expenses equals ____________. |
| | Down:1. | Borrow from a bank Increase Cash and Increase ______________. | 2. | Providing services or selling products in the course of operating a business. | 3. | Dividends ___________ retained earnings. |
| 4. | Reports on the financial condition of a company on a particular day. | 7. | Revenues __________ retained earnings. |
| |
© 2014
PuzzleFast.com, Noncommercial Use Only