Accounting Crossword

The amount of money in an account, equal to the net of credits and debits at that point in time for that account.
The most important city or town of a country or region, usually its seat of government and administrative center.
Statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
Represents the owner's investment in the business minus the owner's draws or withdrawals from the business plus the net income since the business began.// The owner's investment in the business minus the owner's draws
Displays that all assets are either financed by borrowing money or paying with the money of the company's shareholders
An instance of buying or selling something; a business deal.// an exchange or transfer of goods
A report or description of an event or experience.// a record of money received and money paid out
You can name one or more people as an account owner and you can also open accounts in the name of legal entities, such as businesses or living trusts
Income, especially when of a company or organization and of a substantial nature
Accounting term that denotes partial payment of an amount owed or the purchase
The cost required for something; the money spent on something
The action of withdrawing something
Formal term for a set of financial records that use double-entry bookkeeping
An entry recording an amount owed, listed on the left-hand side or column of an account
The ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future
The debit or credit balance that would be expected in a specific account in the general ledger
Is a financial organizational tool that provides a complete listing of every account in an accounting system
A group of accounts.
A ledger that contains all accounts needed to prepare financial statements.
Writing an account title and number on the heading of an account