Accounting Chapter 4 Crossword Review

A debt due to be paid within one year
Long lived tangible capital assets, such as land, buildings, and equipment used to operate a business
A columnar document designed to help move data from the trial balance to the financial statements
An asset, liability, or owner's equity account that is not closed at the end of the period
The chronological accounting record of an entity's transaction
An asset that is expected to be converted to cash, sold, or consumed during the next 12 months
A temporary account in which the revenues and expenses are transferred prior to their final transfer to the capital account
Cost incurred when running a business. Decrease in owner's equity
A measure of how quickly an item can be converted to cash
An entry made at the end of the period to assign revenues when they are earned and expenses when they were incurred.
The revenue and expense accounts that relate to a particular accounting period and are closed at the end of the period