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Week 10: Double Entry Accounting

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Week 10: Double Entry Accounting

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Across:

3.	These are entered on the right side of an account.
5.	Withdrawals made by the owner of a sole proprietorship are recorded in the owner's ___________ account.
8.	These will reduce the amount of owner's equity.
9.	A listing of the balances of all accounts and the accuracy of debit and credit entries is known as a trial _________.
11.	Assets = Liabilities + Owner's _________.
12.	Sales are an example of these.
13.	These accounts will normally have debit balances.
15.	The Profit and Loss statement reports revenues and expenses for a specified ________ of time.

Down:

1.	Entries for depreciation are first written in the general ___________.
2.	These accounts will normally have a credit balance.
3.	A _______ entry to most asset accounts will reduce the balances in those accounts.
4.	Under _________ entry accounting a transaction affects a minimum of two accounts.
6.	These are entered on the left side of an account.
7.	Expenses normally have _________ balances.
10.	A = L + OE is the accounting __________.
12.	__________ accounts will likely have credit balances.
14.	The accounts are contained in the general ___________.

© 2014 PuzzleFast.com, Noncommercial Use Only

Week 10: Double Entry Accounting

1

J

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3

C

R

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A

4

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P

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Across:

3.	These are entered on the right side of an account.
5.	Withdrawals made by the owner of a sole proprietorship are recorded in the owner's ___________ account.
8.	These will reduce the amount of owner's equity.
9.	A listing of the balances of all accounts and the accuracy of debit and credit entries is known as a trial _________.
11.	Assets = Liabilities + Owner's _________.
12.	Sales are an example of these.
13.	These accounts will normally have debit balances.
15.	The Profit and Loss statement reports revenues and expenses for a specified ________ of time.

Down:

1.	Entries for depreciation are first written in the general ___________.
2.	These accounts will normally have a credit balance.
3.	A _______ entry to most asset accounts will reduce the balances in those accounts.
4.	Under _________ entry accounting a transaction affects a minimum of two accounts.
6.	These are entered on the left side of an account.
7.	Expenses normally have _________ balances.
10.	A = L + OE is the accounting __________.
12.	__________ accounts will likely have credit balances.
14.	The accounts are contained in the general ___________.

© 2014 PuzzleFast.com, Noncommercial Use Only