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Chapter 1 Vocab.

1
2
3
4
5
6
7
8
Across
2
Process designed to compile financial data and summarize the results
4
Process of planning, recording, analyzing
6
Summarize the financial condition and operations of a business
7
Difference between assets and liabilities
8
Any of value that is owned
Down
1
What an individual owes
3
An amount owed
5
The use of ethics in making business decisions
7
The principles of right and wrong