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Across 5. When the owner takes Cash or Assets 6. The one year , annual reporting period.(2 words) 9. Reports the financial Position of the Business at a point in time 12. The debts or obligations of the business 13. Costs incurred in using up assets as a result of running your business 14. The recording of transactions 16. The process of developing future plans for the organizations financial activites 18. The Owners Claim on the business 19. The field that helps taxpayers comply with the rules of the federal/provincial government fees. 20. What is left if expenses are less than the revenue 23. The Principle that requires the assumption that the business will continue to operate (2W) 24. units of ownership in a coorperation

Down 1. Individuals and organizations who own the right to receive payment from the organization. 2. A longer term liability like a loan ( 2 words) 3. Goods purchased in the business to be used at a later date 4. An Asset created by selling goods on Credit(2 words) 7. The customers, and other individuals who owe the business money 8. Tax charged on Goods in Nova Scotia 10. The Values of Assets exchanged for goods or services 11. Properties or resources owned by the business 15. The principle that ensures that Revenue is posting in the same period as the expenses occurred to earn the revenue 17. What the company experiences if the expenses are higher than the revenue 18. Beliefs that differentiate right from wrong 21. The expenses required to earn revenue 22. Asset in the business that includes bank accounts, petty money etc 23. Generally Excepted Accounting Principles