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Pratiksha's accounting world

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Pratiksha's accounting world
 

Crossword Puzzle

Pratiksha's accounting worldOnline version

Key terms in accounting

by Pratyasha Kalyan dey
1

Resource owned by a business with future economic value.

2

Obligations payable to outsiders due to past events.

3

Residual interest in assets after liabilities are deducted.

4

Income generated from normal business operations.

5

Outflows or consumption of assets to earn revenue.

6

Systematic fall in value of tangible fixed assets over time.

7

Gradual allocation of cost of intangible assets over useful life.

8

Intangible asset from reputation, brand, or customer relations.

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