My Crossword Maker Logo
Powered by BrightSprout
Save Status:
or to save your progress. The page will not refresh.
Controls:
SPACEBAR SWITCHES TYPING DIRECTION
Edit a Copy:
Make Your Own:
Crossword Word Search Worksheet
Rate This Puzzle:
Log in or sign up to rate this puzzle.

Chapter 3 - The Adjusting Process

Across
The process of recognizing revenue
A concept of accounting in which expenses are matched with the revenue generated during a period by those expenses
A deferral occurs when cash related to a future revenue or expense has been initially recorded as a liability or an asset
The contra asset account credited when recording the depreciation of a fixed asset
The trial balance prepared after all the adjusting entries have been posted
The liability created by receiving revenue in advance
Long-term or relatively permanent tangible assets such as equipment, machinery, and buildings that are used in the normal business operations and that depreciate over time
Items such as supplies that will be used in the business in the future
Down
The journal entries that bring the accounts up to date at the end of the accounting period
The difference between the cost of a fixed asset and its accumulated depreciation
The portion of the cost of a fixed asset that is recorded as an expense each year of its useful life
An account offset against another account
An accrual occurs when revenue has been earned or an expense has been incurred but has not been recorded