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en
CR
16
financial accounting standards board : has the primary responsibility for developing accounting principles
financial statements : accounting reports providing recorded information
generally accepted accounting principles : reports that allow investors and other users to compare one company to another
general purpose financial statements : one type of financial accounting report that is distributed to external users
income statement : a summary of the revenue and expenses for a specific period of time
interest revenue : a type of revenue
international accounting standards board : internationally adopts principles
liabilities : the rights of creditors are the debts of the business
limited liability company : combines the attributes of a partnership and a corporation
management accounting : the area of accounting that provides internal users with information
manufacturing business : change basic inputs into products that are sold to customers
matching concept : the income statement reports the revenues and expenses for a period of time
merchandising business : sell products they pruchase from other businesses to customers
net income : the excess of the revenue over the expenses
net loss : the exceeded expenses of the revenue
objectivity concept : the amounts recorded in the acccounting records be based on objective evidence
owners equity : the rights of the owners
Across:| 3. | the amounts recorded in the acccounting records be based on objective evidence | | 5. | the income statement reports the revenues and expenses for a period of time | | 12. | a summary of the revenue and expenses for a specific period of time |
| | 13. | the area of accounting that provides internal users with information | | 14. | the rights of creditors are the debts of the business | | 16. | the exceeded expenses of the revenue |
| | Down:| 1. | reports that allow investors and other users to compare one company to another | | 2. | accounting reports providing recorded information | | 4. | one type of financial accounting report that is distributed to external users | | 6. | has the primary responsibility for developing accounting principles | | 7. | sell products they pruchase from other businesses to customers |
| | 8. | change basic inputs into products that are sold to customers | | 9. | combines the attributes of a partnership and a corporation | | 10. | the excess of the revenue over the expenses | | 11. | the rights of the owners | | 15. | a type of revenue |
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PuzzleFast.com, Noncommercial Use Only
Across:| 3. | the amounts recorded in the acccounting records be based on objective evidence | | 5. | the income statement reports the revenues and expenses for a period of time | | 12. | a summary of the revenue and expenses for a specific period of time |
| | 13. | the area of accounting that provides internal users with information | | 14. | the rights of creditors are the debts of the business | | 16. | the exceeded expenses of the revenue |
| | Down:| 1. | reports that allow investors and other users to compare one company to another | | 2. | accounting reports providing recorded information | | 4. | one type of financial accounting report that is distributed to external users | | 6. | has the primary responsibility for developing accounting principles | | 7. | sell products they pruchase from other businesses to customers |
| | 8. | change basic inputs into products that are sold to customers | | 9. | combines the attributes of a partnership and a corporation | | 10. | the excess of the revenue over the expenses | | 11. | the rights of the owners | | 15. | a type of revenue |
| |
© 2017
PuzzleFast.com, Noncommercial Use Only