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Accounting Equation Concept Check

Crossword Puzzle

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About this activity

Complete this crossword puzzle to review key accounting concepts. This activity will help you reinforce your understanding before the face-to-face lesson.

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Accounting Equation Concept Check
 

Crossword Puzzle

Accounting Equation Concept CheckOnline version

Complete this crossword puzzle to review key accounting concepts. This activity will help you reinforce your understanding before the face-to-face lesson.

by khadijah
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1. An expense that reflects an asset losing value over time

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2. Buying inventory this way means you owe the supplier and will pay later

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3. The account where money is recorded when the owner makes a deposit or pays for items in cash

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4. These represent what a business owns, such as equipment or money in the bank

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5. These are the obligations or debts that a business owes to others

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6. These are items or merchandise bought for the business to be sold later

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7. This is defined as the owner's claim to the business

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8. The account used when an owner invests or deposits money into the business

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