Basic Accounting Terms Crossword Puzzle

QUESTIONS LIST:

• account : systematic arrangement showing the effect of transactions and other events on a specific balance sheet or income statement item.
• accountant : one who performs accounting services. accountants prepare financial statements and tax returns, audit financial records, and develop financial plans.
• financial literacy : is the ability to understand the implications of key financial decisions and manage money.
• budget : serves as a financial plan for a defined period (often a year) and significantly enhances the success of any financial undertaking.
• taxation : is the imposition of compulsory levies on individuals or entities by governments in almost every country of the world.
• smart goals : is an objective-setting technique designed to make goals more specific, measurable, achievable, relevant and time-bound.
• supplier : a person or organization that provides something needed such as a product or service.
• asset : is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit.
• liability : is an obligation of a company
• capital : is a broad term that can describe anything that confers value or benefit to its owners.