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Crossword Puzzle
Crossword Puzzle

Foundations of Accounting

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Foundations of Accounting
 

Crossword Puzzle

Foundations of AccountingOnline version

Key accounting terms.

by 16_Sagung Nanda Widhiantari
1

Something of value controlled by an entity that will bring future economic benefits.

2

A present obligation arising from past events, settled by transfer of assets or services.

3

Residual interest in the assets after liabilities are deducted.

4

Income earned from the sale of goods or services.

5

Costs incurred in the course of earning revenue.

6

Recognition of revenue or expenses when earned or incurred, regardless of cash timing.

7

A book or record that tracks all financial transactions.

8

Independent examination of financial records to verify accuracy and compliance.

7
2
8
6
1
 
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