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Crossword Puzzle
Crossword Puzzle

Basic Accounting Terms

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Basic Accounting Terms

Crossword Puzzle

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About this activity

Learn fundamental concepts in accounting.

Created by

Bev
Bev
South Africa

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Basic Accounting Terms
 

Crossword Puzzle

Basic Accounting TermsOnline version

Learn fundamental concepts in accounting.

by Bev
1

An entry recording an increase in assets or expenses.

2

An entry recording a decrease in assets or an increase in liabilities.

3

The process of ensuring two records match, often with bank statements.

4

An individual or entity that owes money to a business.

5

An individual or entity to whom money is owed.

6

A book or digital record that contains all financial accounts. General __________

7

Summarizes the source documents

8

The fundamental rule requiring every transaction to have equal debits and credits. ______________ entry.

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