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Chapter 5 - Billing & Accounting Procedures

Across
Person to whom a check is written
Entry made on the right side of an account
Difference between total debits and credits in an account
Business form/ledger on which all payroll information is recorded
Taxes withheld from an employee's payroll check
Individual pieces of legal work for a client
"For Deposit Only" is an example
Number assigned by the IRS to an Employer
Booklet published periodically by the IRS regarding payroll and withholding taxes
Person to whom a promissory note, bank draft, or check is issued
To bring a bank statement and check register into agreement
Person by whom a check is written upon whose funds the check is drawn
Payment document purchased with cash which is used in place of a check
Down
Check issued by a bank on its funds in another bank, usually located in another city
Amount borrower promises to pay that is written on the face of a note
The grouping of all time together on a project regardless of number or variety of tasks performed
Simple signature of the payee making check payable to bearer (endorsement in blank)
Federal act regarding minimum wage laws, overtime pay, hours worked, etc.
Records listing employees, earnings, deductions and withholdings
Check issued by a bank reducing the drawer's account by the amount of the check
Entry made on the left side of an account
Time that is reduced or removed from a bill to create a discounted bill
Check drawn by a bank on its own funds
Advance payment made to cover anticipated costs on work
Legal services performed at no charge
An accounting ______ shows the relationship between three basic accounting elements (Assets = Liabilities + Owner Equity)