PuzzleFast

Chapter 1 Key Terms

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Chapter 1 Key Terms

1

2

S

3

4

5

S

6

7

I

T

U

R

8

T

O

T

A

9

X

10

R

11

O

O

12

C

C

E

13

G

14

R

15

I

I

I

W

16

E

N

C

S

Across:

1.	owned by one person
7.	relationship between liabilities and owner's equity
8.	summary of changes in owner's equity that have occurred during a specific time period
11.	concept of accounting requiring economic data in dollars
13.	the money earned by selling goods or services
15.	difference between the amounts received from customers for goods or services and the amounts paid for the inputs used to provide the goods and services
16.	government has authority over accounting

Down:

2.	oversight body for the accounting profession
3.	interest
4.	act passed by congress to restore public confidence and trust in financial statements
5.	business providing services rather than products
6.	provide services on a fee basis
9.	summary of cash receipts and payments for a specific period of time
10.	managerial accountants employed by a business are employed in
12.	owned by two or more individuals
14.	assets
16.	recorded revenue from sales of merchandise

© 2017 PuzzleFast.com, Noncommercial Use Only

Chapter 1 Key Terms

1

P

R

O

2

P

R

I

E

T

O

R

S

H

I

P

U

3

R

4

S

B

E

A

5

S

6

P

7

R

A

T

I

O

O

F

L

I

A

B

I

L

I

T

I

E

S

T

O

O

W

N

E

R

S

E

Q

U

I

T

Y

I

T

B

R

B

C

R

A

V

L

C

E

N

I

I

8

S

T

A

T

E

M

E

N

T

O

F

O

W

N

E

R

S

E

Q

U

I

T

Y

V

E

C

C

M

E

S

E

A

P

9

S

N

O

B

C

A

T

U

X

U

C

10

P

N

A

E

L

S

O

R

Y

T

E

I

U

11

U

N

I

T

O

F

M

E

A

S

U

R

E

C

O

N

C

E

12

P

T

Y

N

N

V

C

M

A

A

E

T

A

C

E

R

C

S

I

T

O

N

T

T

S

N

E

U

T

13

R

E

V

E

N

U

E

G

14

P

A

N

O

E

R

C

T

F

R

E

C

I

C

S

15

P

R

O

F

I

T

N

A

H

A

U

G

S

I

I

N

O

H

P

D

T

V

F

E

I

E

L

X

N

R

O

P

G

S

W

E

I

S

N

G

S

H

E

16

S

E

C

U

R

I

T

I

E

S

A

N

D

E

X

C

H

A

N

G

E

C

O

M

M

I

S

S

I

O

N

S

A

B

L

O

E

A

S

R

D

Across:

1.	owned by one person
7.	relationship between liabilities and owner's equity
8.	summary of changes in owner's equity that have occurred during a specific time period
11.	concept of accounting requiring economic data in dollars
13.	the money earned by selling goods or services
15.	difference between the amounts received from customers for goods or services and the amounts paid for the inputs used to provide the goods and services
16.	government has authority over accounting

Down:

2.	oversight body for the accounting profession
3.	interest
4.	act passed by congress to restore public confidence and trust in financial statements
5.	business providing services rather than products
6.	provide services on a fee basis
9.	summary of cash receipts and payments for a specific period of time
10.	managerial accountants employed by a business are employed in
12.	owned by two or more individuals
14.	assets
16.	recorded revenue from sales of merchandise

© 2017 PuzzleFast.com, Noncommercial Use Only