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

ACC 231, Chapter 1

Across
Means that information is accurate enough so that its users can trust it.
Accounting principle that states that assets should be recorded at the amount paid for them regardless of their market value.
The area of accounting whose end product is general purpose financial statements.
Resources an organization owns or controls.
Financial statement that shows a company’s revenues and expenses and resulting net income or net loss for a specified time period.
The abbreviation for the private section body that determines financial accounting standards.
Decreases in equity from costs that have expired in the process of generating revenues.
Obligations to transfer assets or services to another organization as a result of a past transaction or event.
The abbreviation for the financial accounting rules that all companies must follow.
Accounting principle that states that expenses should be recorded in the same time period as the related revenues.
Down
The difference between assets and liabilities.
Liabilities that are to be paid with cash.
Beliefs that help people discern the difference between right and wrong.
Increases in equity from the sale of a company’s products or services.
Reduces the time, effort, and cost of recordkeeping while improving accuracy.
A business separate from its owners. The ownership units are called shares.
An information and measurement system that identifies, records, and communicates information about an organization’s business activities
A business owned by one individual.
Accounting principle that states that accounting principles do not have to be followed strictly if the amount is insignificant.
The area of accounting that serves the needs of the managers of an organization.
Payments of cash and perhaps other assets to stockholders as a distribution of part or all of the earnings of a corporation.
Financial statement that shows a company’s assets, liabilities, and equity as of a particular date.
The excess of revenues over expenses.
Means that information can affect the decisions of its users.
The abbreviation for the agency of the federal government that has the legal authority to determine the accounting standards that public companies must follow.