Accounting Crossword

Acronym for Generally Accepted Accounting Principles
What the company owes to other companies
What the company owns
What the company owes to the owners
Can be converted into cash within one year
Expected to be used to continue company operations for more than one year
No physical substance, but have value for the company
Complete record of financial transactions
Debits are always on which side of the general ledger
A small piece of a company a person/business buys
An amount a company gives shareholders for each share (piece of stock)
Will include liability, asset, and owners equity
Difference between the budget/projected amount and actual amount
Is equal to three months
Numbers are negative and may be in parenthesis (spent more than budgeted)
Numbers are positive (Spent less than budgeted)
A future projection of estimated revenue and expenses
The amount actually spent (cost) or earned (revenue/income)
Amount business has earned at end of Accounting period to reinvest in business