Financial Statement Terms

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SOME ANSWERS ARE MULTIPLE WORDS: DO NOT ENTER BLANK SPACES.
Example: PROFITANDLOSS
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Across:

1. Part of long-term assets, including land and buildings, equipment and machinery.
4. A report showing the financial performance of a company for a specific period of time. Includes revenues and expenses.
5. The value expected to be accumulated at the end of a financial period.
6. A balance sheet item (debit) which equals the sum of cash and other assets that can be converted to cash in less than one year.
7. Total dollar payment due to or received by the company for goods and services.
8. The sharing of costs among different areas.
9. A snapshot of the financial position of a company at a particular point in time.
10. A measure of profitability (%).
11. The amounts due to creditors by the company (credit on balance sheet).
12. Provisions are liabilities, losses or expenses that have been incurred in the current year but are unpaid and unpredictable in terms of accrual or amount.
13. Costs incurred to generate revenue.
15. Consists of current and non-current debits such as cash, investments, and buildings.

Down:

2. Ongoing administrative expenses that cannot be attributed to any specific business activity.
3. An amount booked as a liability for expenses/costs known to have been incurred in the current year but not yet paid.
14. Total dollar amount collected for goods and services provided.