Accounting is the Best! Crossword Puzzle

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Accounting is the Best! Crossword Puzzle

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QUESTIONS LIST:

  • accounting : process of recording and reporting financial information
  • assets : what a business owns
  • liabilities : what a business owes
  • equity : owner's investment in the business
  • revenue : income earned by a business
  • expenses : costs incurred by a business
  • profit : revenue greater than expenses
  • loss : expenses greater than revenue
  • inventory: goods held for sale; stock
  • cashatbank : money held by the business
  • shareholder : owner of shares in a company
  • investor : person who puts money into a business
  • dividend : profit distributed to shareholders
  • company : business owned by shareholders
  • entityconcept : business financial affairs treated separately from its ownerser
  • gst : tax collected on most sales in australia
  • sofp : statement showing assets liabilities and equity
  • sopl : statement showing revenue and expenses
  • materiality : information important enough to influence decisions
  • monetary : principle requiring transactions to be measured in dollars