Instructions
Contents
Hover over the scrambled word with your mouse to show the unscrambled answer.
1. The process of communicating financial information to people outside of an organization.
nilcfnaia ncucatigon
financial accounting
2. The expanded accounting equation includes revenues, expenses, common stock, dividends, paid in capital, and ________.
sryrtaue cktos
treasury stock
3. Resource accounts with the same balance as expenses.
Sstaes
assets
4. A formula used to compute and balance double entry accounting.
Gctauncnoi Eqotiuan
accounting equation
5. Unearned revenues are what type of account?
Lsaeibiiilt
liabilities
6. Paid in capital is what type of account?
ityqeu
equity
7. What do journal entries record?
esbnuiss nattnisrosca
business transactions
8. The concept that debits will always equal credits.
ledbou trney onctiungca
double entry accounting
9. A record or document that contains account summaries for accounts used by a company.
rlgaene gdlree
general ledger
10. An account with an opposite balance.
Oactnr Uaocnct
Contra Account
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