Accounting Crossword

Account classification for anything of value that is owned
Account classification for the owner's financial rights to the assets of a business
Account classification for anything that is owed by a business
Assets = Liabilities + Owner's Equity
A business owned by one person
Financial reports that summarize the financial condition and operations of a business
The act of planning, recording, analyzing, and interpreting financial information
The normal balance for assets.
The normal balance for liabilities
The difference between the total debits and the total credits in an account.
One who is concerned with the design of the system of records, the preparation of reports based upon the recorded data, and the interpretation of the reports.
An unwritten promise to pay creditor's for property such as merchandise, supplies or equipment purchased on credit, or for services received on credit.
An unwritten promise by a customer to pay at a later date for goods sold or services rendered.
A book of original entry in which business transactions are recorded in chronological order.
The number of times the average inventory has been sold or used up (turned over) during a period.
An inflow of assets as a result of selling a product or providing a service