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Accounting Terms Activity #4

Across
Relationship of two quantities; one divided by the other.
Account created when an asset is used up.
Cash on hand for incidentals.
Conversion of non-cash assets into cash in the liquidation process.
Recording from the Journal.
A period of time an employer uses to calculate employee earnings.
Distributed cash or other assets by the corporation.
Real accounts.
Generated sales.
Offered to induce a sale.
Down
One promising to pay a note.
Ledger that contain accounts of a single type.
Rights granted by a business.
Nominal Accounts
Subdivision of an owners equity that records money and assets taken by owner.
Officers elected by stockholders; representatives of the company.
Face amount of a note.
Informal spreadsheet.
Cost of using money.
Created when net income falls short.