Chapter 2 Terms

An online crossword puzzle with 15 words. Play it free at AgileCrosswords.com.

Clues

A = L + OE
The status of a business, as represented by the assets, liabilities, and owner's equity
A statement showing the financial position of a person, business, or other organization
Debts
A system of dealing with financial information that provides information for decision-making
The work of this person is broader in scope and requires more education and experience
Things that you own that have dollar values
Each of the customers who owes money to the business
The recurring set of accounting procedures carried our during each fiscal period
Debts owed by the business
The work of this person is clerical in nature, for the most part concerned with routine matters
The order in which the assets are converted to cash
Anyone to whom the business owes money
Anyone who owes money to the business
Generally Accepted Accounting Principles