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Dakota and Drews Crossword Puzzle

Across
The time period, usually one year, to which periodic accounting reports are related: also known as the fiscal period
Cost of goods sold divided by average inventory
Free on board destination indicates that the items being shipped are owned by the seller while the items are in transit
The excess of a business's sales revenues over its expenses
Any act by the management or employees of a business involving an intentional deception for personal gain
A payment for the use of money
The earnings of a corporation that have been retained in the corporation for future corporate use
The obligations or debts that a business must pay in money or services at some time in the future as a consequence of past transactions or events
A record of the additions, deductions, and balances of individual assets, liabilities, stockholders equity, dividends, revenues, and expenses
Decreases in stockholders equity incurred by a firm during the process of generating its sales revenue
An entry on the right side of an account
A list of the account titles in the general ledger, their respective debit or credit balance, and the totals of the debit and credit balances
Down
The basic ownership class of capital stock, carrying the right to vote, share in earnings, participate in future share issues, and share in any liquidation proceeds after all more senior claims have been settled
A voluntary association of two or more persons for the purpose of conducting a business
The difference between a business's assets and liabilities
The difference between net sales and costs of goods sold; also called gross margain
The transfer of information from the journal to the general ledger account
The process of allocating the costs of buildings, equipment, and vehicles to expense over the time periods benefiting from their use
An entry of accounting information into a journal
Distributions of assets or stock from a corporation to its stockholders
An abbreviated form of the formal account in the shape of a T
The economic resources of a business that can be expressed in money terms
A written order signed by a checking account owner directing the bank to pay a specific amount of money to the person or company named on the check
An entry on the left side of an account
As asset category representing the amount of a firms paper money, coins, checks, money orders, travelers checks, and funds on deposits.