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Chapter One Key Terms

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Chapter One Key Terms

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Across:

4.	difference from the amount received and the amount made
5.	owned by two or more individuals
6.	business providing service rather than product
7.	summary of changes in owners equity that have occurred during a specific time periof
8.	concept of accounting requiring that economic data be recorded in dollars

10.	provide services on a fee basis
11.	an act passed by congress to restore public confidence and trust in the financial statements of companies
12.	summary of cash receipts and cash payments for a specific period of time
13.	relationship between liabilities and owners equity
14.	agency of the government that has authority over accounting and financial disclosures

Down:

1.	oversight body for the accounting profession
2.	interest
3.	assets
4.	owned by one individual

7.	recorded revenue from sold merchandise
9.	money earned by selling goods or services
10.	managerial accountants employed by a business

© 2017 PuzzleFast.com, Noncommercial Use Only

Chapter One Key Terms

1

P

U

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3

P

B

4

P

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F

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L

R

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C

5

P

A

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H

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P

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A

C

R

E

I

O

6

S

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V

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B

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V

D

M

E

E

E

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T

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X

A

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7

S

T

A

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M

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F

O

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E

Q

U

I

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Y

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A

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A

H

L

S

C

8

U

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F

M

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A

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U

9

R

E

C

O

N

C

E

P

T

E

C

P

S

E

S

O

V

U

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10

P

U

B

L

I

C

A

C

C

O

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I

N

G

11

S

A

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B

A

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L

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Y

A

C

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12

S

T

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M

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C

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F

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N

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13

R

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L

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14

S

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A

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D

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C

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A

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M

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C

S

C

I

O

G

U

H

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T

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B

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A

G

R

D

Across:

4.	difference from the amount received and the amount made
5.	owned by two or more individuals
6.	business providing service rather than product
7.	summary of changes in owners equity that have occurred during a specific time periof
8.	concept of accounting requiring that economic data be recorded in dollars

10.	provide services on a fee basis
11.	an act passed by congress to restore public confidence and trust in the financial statements of companies
12.	summary of cash receipts and cash payments for a specific period of time
13.	relationship between liabilities and owners equity
14.	agency of the government that has authority over accounting and financial disclosures

Down:

1.	oversight body for the accounting profession
2.	interest
3.	assets
4.	owned by one individual

7.	recorded revenue from sold merchandise
9.	money earned by selling goods or services
10.	managerial accountants employed by a business

© 2017 PuzzleFast.com, Noncommercial Use Only