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This word search contains the following answers:

Platform
Buyer
Vendor
Credit
Invoice
Statement
Unmatched Report
New PO
Shrink
GERS
Data Entry
VR Rep

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Accounting chapter 9 Vocab Crossword

Type
Crossword
Description

This crossword contains the following questions and answers:

Total Shares of Ownership in a corporation Capital Stock
A deduction that a vendor allows on the invoice amount to encourage prompt payment Cash Discount
A special journal used to record only cash payment transaction Cash payments journal
An account that reduces a related account on a financial statement Contra Account
An organization with legal rights of a person and which many persons may own Corporation
The price a business pays for goods it purchases to sell Cost of merchandise
A form prepared by the customer showing the price deduction taken by the customer for returns and allowances Debit memorandum
The retail price listed in a catalog or on an internet site List Price
The amount added to the cost of the merchandise to establish the selling price Markup
Invoice used as a source document for recording a purchase on account transactions Purchase Invoice
Transaction in which merchandise purchased is to be paid later Purchase on Account
Credit allowed for part of the purchase price of merchandise that is not returned Purchases allowance
Cash discount on purchases taken by a customer Purchases discount
Credit allowed for the purchase price of returned merchandise, resulting in a decrease in the customers A/P Purchases return
Each unit of ownership in a corporation Share of stock
Owner of one or more shares of a corporation Stockholder
agreement between the buyer and seller about payment for merchandise Terms of sale
reduction in the list price granted to customers Trade discount
business from which merchandise is purchased or supplies or other assets are bought Vendor

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fundamental of accounting Crossword

Type
Crossword
Description

This crossword contains the following questions and answers:

Revenue,expenses and net incom/loss are show on INCOMESTATEMENT
Credit recorded when a company purchase inventory on credit from vendors or supplies. ACCOUNTS PAYABLE
A long-term contract to borrow money from a creditor. NOTEPAYABLE
Initial investments made by owners like stock purchases or partnership buy-ins. CAPITAL
A creditor's claim on a company' assets. LIABILITY
Miscellaneous assets that are entire in product production that are too small and inexpensive to capitalize. SUPPLIES
An asset that arises from selling goods or services to someone on credit. RECEIVABLE
A subsection of the general field of accounting that focuses on gathering and compiling data in order to present it to external users in a usable form. FINANCIAL
Entry on the left side of an account. DEBIT
A written promise to repay money. NOTESRECEIVABLE
Assets earned by a company's operations and business activities. REVENUES
Entry on the right side of an account. CREDIT
A resource that is owned or controlled by a company that can be used to provide a future economic benefit. ASSET
The _______ ________ statement summarizes how changes in balance sheet accounts affect the cash account during the accounting period. CASHFLOW
The report that shows a company's financial position based on its assets, liabilities, and equity at a single moment in time. BALANCESHEET
A report that shows the income, expenses, and resulting profits or losses of a company during a specific time period INCOME
Accounts listed last on the balance sheet. EQUITY
He is know as father of accounting PACIOLI
When expenses are greater that revenue you have a? netloss
Money received in advance for services to be performed in the future are reported on the balance sheet as deferred revenues, _________________ revenues, or as customer deposits. UNEARNED
The accounts in this balance sheet classification are credited to increase them LIABILITIES
The difference between a sole proprietorship's total assets and its total liabilities is ___________'s equity. OWNER
Coins,Currencies,checks,bank deposit this is under of____? cash
This is represent the unsold goods at the end of the accounting period? inventories
. Amounts owned to other for expenses already incurred but not yet paid?? accruedincome
Liability to pay the bank or other financing institution arising from funds borrowed by the business from these institution payable within twelve or shorter. loanpayable
assets held by an enterprise for the accretion of wealth non-current-assets
Accepts deposits from people and busniesses and use them to finance their business deposit
Plans incomes and expenses startupbudget
The _________________ entries come from the worksheet adjusting
An example of Revenue is sales
When you owe money payable
The fourth step in the accounting cycle is ? worksheet
This affects owners equity drawing
The ___________________ entries are done at the end of every month closing
charge for using money until repaid at a future date interest
income statement, balance sheet, statement of changes in owner’s equity, and statement of cash flows financialstatement
In accounting at least ____________ accounts are affected in a transaction two
Sales minus expenses net income
A debt evidenced by a "note" which specifies the principal amount, interest rate and date of repayment loan
A written cash flow plan budget

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Accounting Crossword Puzzle

Type
Crossword
Description

This crossword contains the following questions and answers:

A balance sheet account that tracks the activities that last longer than an accounting period. Permanent Account
The purpose of the accounting cycle is to prepare ___________ statements like the balance sheet, income statement, statement of retained earnings, and statement of cash flows. Financial
The accounting ____________ is a tool used to help bookkeepers and accountants complete the accounting cycle and prepare year-end reports like unadjusted trial balances, adjusting journal entries, adjusted trial balances, and financial statements. Worksheet
A business transaction is recorded as a _____________ in the general journal to show how the event changed in the accounting equation. Journal Entry
A trial balance that lists of all company accounts that will appear on the financial statements after year-end adjusting journal entries have been made. Adjusted
An entry made at the end of an accounting period to zero out all temporary accounts and transfer their balances to permanent accounts. Closing Entry
An income statement account that is used to track accounting activity during an accounting period. Temporary Account
A record or document that contains account summaries for accounts used by a company. General Journal
An exchange of value between two different groups with financial or accounting significance. Transaction
Financial statement ____________ is the purpose of the accounting cycle. Preparation
The financial process starting with recording business transactions and leading up to the preparation of financial statements. Accounting Cycle

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Accounting Terms: Back to Basics Crossword

Type
Crossword
Description

This crossword contains the following questions and answers:

describes the sources and uses of cash for a reporting period Statement of cash flows
charge for using money until repaid at a future date Interest
security that represents ownership in a corporation; holders exercise control by electing a board of directors and voting on corporate policy Common stock
amount by which a company's value exceeds the value of its individual assets and liabilities Goodwill
class of ownership in a corporation that has a higher claim on its assets and earnings than common stock Preferred stock
net sales minus cost of goods sold Gross profit
record within an accounting system where increases and decreases in a specific asset, liability, equity, revenue, or expense are entered and stored Account
process of allocating the cost of an intangible asset to expense over its estimated useful life Amortization
an entry that increases asset and expense accounts, and decreases liability, equity ad revenue accounts Debit
income statement, balance sheet, statement of changes in owner’s equity, and statement of cash flows Financial statements
customers and other individuals and organizations who owe a company Debtors
journal entry at the end of an accounting period to bring an asset or liability account to its proper amount and update the related expense or revenue account Adjusting entry
total cost of an asset less its accumulated depreciation Book value
an asset created by selling products or services on credit Accounts receivable
method to assign cost to inventory that assumes items are sold in the order acquired FIFO
entity created by law and separate from its owners Corporation
inflows of assets in exchange for products and services provided to customers as part of a company’s operations Revenues
length of time an asset will be productively used in the operations of a business Useful life
occurs when expenses exceed revenues Net loss
merchandise a company owns and expects to sell in its normal operations Inventory
estimate of amount to be recovered at the end of an asset's useful life Salvage value
expense created by allocating the cost of plant and equipment to periods in which they are used; represents the expense of using an asset Depreciation
resources owned or controlled by a company that provide expected future benefits to the company Assets
a liability created by buying products or services on credit Account payable
obligations due to be paid or settled within the longer of one year of the operating cycle Current liabilities
equals a corporation’s accumulated net income (loss) for all prior periods that has not been distributed to shareholders Retained earnings

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Financial Literacy Crossword

Type
Crossword
Description

This crossword contains the following questions and answers:

a sum of money that is borrowed and expected to be paid back with interest in a specified time frame Loan
the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets Interest Rate
the annual rate that is charged for borrowing Annual Percentage Rate
a card that allows customers to access their funds immediately from their checking account Debit Card
a card that can be used at a store, restaurant, online, etc. that allows the cardholder to make a purchase immediately but then pay back the money later Credit Card
a card that usually does not charge interest; however it requires the cardholder to pay off his/her balance in full every month Charge Card
contains information about your credit such as loan paying history and the status of your credit accounts. Lenders use these reports to make lending decisions Credit Report
the sense of regret after buying something Buyers Remorse
allows you to track your income and your expenses Budget
a nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates Credit Union
an amount of money that you owe to a person, bank, or company Debt

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MBA AP Training Crossword

Type
Crossword
Description

This crossword contains the following questions and answers:

What discrepancy do we send the three day pricing email for? Pricing
Program used to view a branches inventory POS
A ticket used to create an accrual to receive a credit memo Vendor Credit
What does the acronym PCR stand for? Pricing Credit Rebill
Work Hard Play Hard is the motto for what company? ABC Supply
The queue we send invoices that are already paid Escalation
Where all the receipts show up in an excel file RNV
The general name of who we receive products from Vendor
A credit that is applied on the customer's account Pass Thru
The amount a vendor discounts off of their invoice when the terms were Customer PickUp Freight Recovery
How many times should we contact the branch before sending the final email that we are closing the issue Three
The document the vendor uses to send us money credit memo
Program used to review the invoices OnBase
Where do you go to review the previous days receiving? PPV

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Accounts Payable Word Search

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Word Search
Description

This word search contains the following answers:

Credit Card
Taylor Corporation
Check
Vendor
Customer Service
Scanning
Exception Handling
PO Team
Inquiries
AP Rep
Meta Viewer
Lawson
Accounts Payable

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Careers Word Search

Type
Word Search
Description

This word search contains the following answers:

IT Business Analyst
Internet Marketer
Hotel General Manager
Health Service Manager
Communications Officer
Budget Analyst
CPA
Stockbroker
Retail Manager
Personal financial advisor
Insurance claims clerk
Human Resource Manager
Economist
Data Entry
Credit Analyst
Loan Officer
Bank Teller
Auditor
Accountant
Accounting Clerk

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ACCOUNTING PUZZLE CHAPTERS 15-18 Crossword

Type
Crossword
Description

This crossword contains the following questions and answers:

The amount of goods on hand INVENTORY
The amount of goods on hand for sale to customers MERCHANDISE INVENTORY
The revenue remaining after cost of merchandise sold has been deducted GROSS PROFIT ON SALES
A report prepared to give details about an item on a principal financial statement SUPPORTING SCHEDULE
Total shares of ownership in a corporation CAPITAL STOCK
A deduction that a vendor allows on the invoice amount to encourage prompt payment CASH DISCOUNT
A petty cash on hand amount that is more than a recorded amount CASH OVER
A special journal used to record only cash payment transactions CASH PAYMENTS JOURNAL
A petty cash on hand amount that is less than a recorded amount CASH SHORT
An account that reduces a related account of a financial statement CONTRA ACCOUNT
An organization with the legal rights of a person and which may be owned by many persons CORPORATION
A form prepared by the customer showing the price deduction taken by the customer for returns and allowances DEBIT MEMORANDUM
A journal with 2 amount columns in which all kinds of entries can be recorded GENERAL JOURNAL
A business's printed or catalog price LIST PRICE
Credit allowed for part of the purchase price of merchandise that is not returned, resulting in a decrease in the customer's accounts payable PURCHASES ALLOWANCE
A cash discount on purchases taken by a customer PURCHASES DISCOUNT
A special journal used to record only purchases of merchandise on account transactions PURCHASES JOURNAL
Credit allowed for the purchase price of returned merchandise, resulting in a decrease in the customer's accounts payable PURCHASES RETURN
Each unit of ownership in a corporation SHARE OF STOCK
A reduction in the list price granted to customers TRADE DISCOUNT

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Inside Sales Word Search

Type
Word Search
Description

This word search contains the following answers:

intranet
builder
discontinued
veo
inventory
quote
rendering
redline
spec
invoice
claim
audit
installer
threshold
echelon
trip charge
reliability
carpet
vendor
purchase order
process sheets
service
integrity
credit memo
back charge

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