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Acc 191 Ch 2: Activity 12 Crossword

Teacher: Rebecca Brown
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Across
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Lends money
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Extra value recorded when buying another company
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Reoirts assets, liabilities, and stockholders' equity (2 words)
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Investments available for quick liquidation
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Patents, copyrights, and brand names
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Accounts payable is a ____ account
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Buildings, equipment, and land (abreviation)
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Cost allocation
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Acquisition cost less accumulated depreciation (2 words)
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Owners of a corporation
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Income tax amounts to be paid later
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Money in the bank
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Ratio that measures the ability to pay current liabilities with current assets
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Total liabilities divided by total assets (2 words)
Down
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Amounts owed to suppliers (2 words)
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Distribution of earngs
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Merchandise held for sale
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Borrows money
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Ratios that measure the ability to pay liabilities as they come due
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Lawsuits and other events that could create new liabilities for the company
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Inventory is an ____ account
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Total amount of depreciation expensed since the assets' date of purchase
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Monies to be received from customers
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Equipment is a ____ asset account, which is used for more than one year
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Ratios that measure the ability to pay liabilities for many year
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Balance sheet reporting all amounts as a percentage of total assets (2 words)
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Liabilities due within 12 months