"Introduction to Balance Sheets and Profit and Loss Statements": HTML5 Crossword

Across

4. The Balance Sheet must ______ (7)
6. Repairs and Maintenance expense is ____ in nature? (5)
8. Sales less Cost of Goods Sold equals _____ Profit (5)
10. Drawings is _____ Owners Equity (8)
11. A ______ will increase a revenue account (6)
13. How easily a business can turn non-cash assets into cash (9)
14. Net profit flows from the Profit and Loss Statement into _____ ______ on the Balance Sheet (6,6)
18. Non-Current Liabilities are for longer than 12 _______ (6)
19. Interest on a Mortgage is a/an _______ (7)

Down

1. Paying employees increases the _____ expense account (5)
2. Liquidity ratio where inventory is excluded (5)
3. If the 'Rent' account has a credit balance on the trial balance it is a/an ______ account (7)
5. Accounts Receivable is what kind of asset (7)
7. A Mortgage is a/an ____? (9)
9. ________ Capital Ratio is a way to measure the liquidity of a business (7)
12. If the business makes a loss, this will _______ Owner's Equity (8)
15. A Profit and Loss Statement is also known as a/an _____ statement? (6)
16. Cartage is another word for ______ (7)
17. The Accounting Equation: _____ = Liabilities + Owner's Equity (6)
20. If Revenue less Expenses is positive, the business has earned a/an _____ (6)