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en
CR
Accounting for Your Grade
16
accounting : language of business
chart of accounts : a list of all the account titles and the account numbers assigned to them
general ledger : the book of accounts
posting : the transferal of data from the journal to the ledger
revenue : income
transaction : any activity of a business enterprise that involves the exchange of values
account receivable : an unwritten promise by a customer to pay at a later date for goods sold or services rendered
account payable : an unwritten promise to pay creditors for property such as merchandise, supplies or equipment purchased on credit, or for services received on credit
account balance : the difference between the total debits and the total credits in an account
credit : accounting entry on the right
debit : accounting entry on the left
double entry accounting : a system of accounting in which every transaction is recorded twice -- as a debit and as a credit
journal : a chronological record of business transactions
liabilities : amounts owed by a company to others
assets : amounts owned by a company
sales : amounts to received for goods or services
Accounting for Your Grade
Across:1. | a system of accounting in which every transaction is recorded twice -- as a debit and as a credit | 3. | the book of accounts | 4. | the difference between the total debits and the total credits in an account | 10. | accounting entry on the right |
| 14. | an unwritten promise by a customer to pay at a later date for goods sold or services rendered | 15. | language of business | 16. | income |
| | Down:2. | any activity of a business enterprise that involves the exchange of values | 5. | a list of all the account titles and the account numbers assigned to them | 6. | an unwritten promise to pay creditors for property such as merchandise, supplies or equipment purchased on credit, or for services received on credit | 7. | the transferal of data from the journal to the ledger | 8. | amounts owed by a company to others |
| 9. | accounting entry on the left | 11. | amounts owned by a company | 12. | a chronological record of business transactions | 13. | amounts to received for goods or services |
| |
© 2015
PuzzleFast.com, Noncommercial Use Only
Accounting for Your Grade
Across:1. | a system of accounting in which every transaction is recorded twice -- as a debit and as a credit | 3. | the book of accounts | 4. | the difference between the total debits and the total credits in an account | 10. | accounting entry on the right |
| 14. | an unwritten promise by a customer to pay at a later date for goods sold or services rendered | 15. | language of business | 16. | income |
| | Down:2. | any activity of a business enterprise that involves the exchange of values | 5. | a list of all the account titles and the account numbers assigned to them | 6. | an unwritten promise to pay creditors for property such as merchandise, supplies or equipment purchased on credit, or for services received on credit | 7. | the transferal of data from the journal to the ledger | 8. | amounts owed by a company to others |
| 9. | accounting entry on the left | 11. | amounts owned by a company | 12. | a chronological record of business transactions | 13. | amounts to received for goods or services |
| |
© 2015
PuzzleFast.com, Noncommercial Use Only