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Accounting Review!

NAME_________________________________
Across
The process of organizing, maintaining, comparing, and contrasting financial activities of a business
Calculating inventory starting from the last unit
After taxes
The left side of the t-account
Two or more owners
The value of an asset when it's at the end of it's useful life
Items on the "floor" of the business, ready to sell
A (blank) statement
The statement of cash flows and income statement are different because the statement of cash flows does not include this
How much it cost to produce one unit of your product before selling
A one owner business
A reduction of the value of an asset
For people 65 and older
A charity account in the business' accounting records
The first activity on the statement of cash flows
The right side of the t-account
Down
A business with one or more owners, that has it's own TIN
A home loan
Assets equal (blank) plus owner's equity
The system used to check and review a business' credit rating
The last activity on the statement of cash flows
Has a cash value and can be sold, if needed, for cash
This statement mostly resembles the accounting equation
Calculating inventory starting from the first unit
Owner's contributions to the business
Expenditures necessary to run a business
Before taxes
Revenues minus expenses equals (blank)
"time and a half"
Money earned in the business