Introduction To Accounting
Name: ______________________ Date: ____________
Write the missing letters on the lines to finish each word.
1.
a
c
o
n
a
Someone who maintains and audits business ___
3.
d
t
i
n
To examine carefully for accuracy with the intent of verification
4.
k
k
e
e
r
Someone who records the transactions of a business
5.
o
r
a
i
o
A business firm whose articles of incorporation have been approved in some state
6.
m
a
f
t
r
g
The act of making something from raw materials
7.
r
c
a
d
s
n
The exchange of goods for an agreed sum of money
9.
n
r
h
i
p
A contract between two or more persons who agree to pool talent and money and share profits
10.
s
e
r
Work done by one person or group that benefits another
12.
a
c
o
u
p
a
a
A debtor's ___ of money he owes
13.
c
c
o
u
t
e
c
a
b
A creditor's ___ of money owed to him
14.
s
s
A useful or valuable quality
15.
b
l
a
h
e
t
A record of the financial situation of an institution on a particular date by listing its assets
16.
p
i
l
Wealth in the form of money or property owned by a person or business and human resources
17.
r
d
i
o
A person to whom money is owed by a debtor
18.
d
e
t
A person who owes a creditor
20.
A
P
A collection of rules and procedures and conventions that define accepted accounting practice
21.
l
b
t
y
An obligation to pay money to another party
22.
l
q
t
i
o
Termination of a business operation by using its assets to discharge its liabilities
23.
i
u
d
t
The state in which a substance exhibits a characteristic readiness to flow with little or no