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Definitions Part 1 - Exam 1

1
2
3
4
5
6
7
Across
2
Difference in taxes reported and taxes paid
5
Portion of debt to be repaid during the upcoming year
6
Price at which stock trades
7
Expenses incurred prior to cash outflow
Down
1
Expenses paid in advance
3
Value unrelated to selling price of stock
4
Cost allocation of fixed assets other than land
5
Used up within one year or operating cycle, whichever is longer