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Key Terms Review- Accounting

Across
A report of deposits, withdrawals, and bank balances sent to a depositor by a bank
A business activity that changes assets, liabilities, or owner's equity
The last activity on the statement of cash flows
The length of time for which a business summarizes and reports financial information
Anything of cash value
The account used to summarize the owner's equity in a business
Information for each transaction recorded in a journal
Refers to the direct material, direct labor, and plant utilities expense associated with producing a product
The principles of right and wrong that guide an individual in making decisions
Accounting style that records the debit and credit parts of a transaction
Represents the owner's investments in the business
Down
Shares in a company
A list of accounts
Promissory notes that a business accepts from a customer
Depreciation that has been adding up over a period of time
An owner of one or more shares of corporation
A decrease in owner's equity resulting from the operation of a business
Earnings distribution to stock-holders
Promissory notes signed by a business and given to a creditor
This is another term for the income statement
An accounting device used to analyze transactions
A financial statement that shows the movement of cash
A form of recording transactions in chronological order