Accountancy Crossword

What money must be deposited in a separate banking account. (5)
Any items that are bought with the intention of selling the item to a customer. (9)
A complete collection of all the accounts and transactions of a company. (6)
An accounting entry that either increases an asset or expense account, or decreases a liability or equity account. (5)
A tax that governments impose on income generated by businesses and individuals. (6)
A set of rules or procedures, which are followed by an entity to prepare its financial statements. (6)
A concept or convention within accounting relating to the importance/significance of an amount, transaction, or discrepancy. (11)
A qualitative characteristic of accounting information that makes a difference in decision-making. (9)
A present obligation of the entity to transfer an economic resource as a result of past events. (8)
An instructed attorney acting on an instructing attorney’s behalf. (13)
The residual interest in the assets of the entity after deducting all its liabilities. (6)
An accounting entry that either increases a liability or equity account, or decreases an asset or expense account. (6)