To see each answer, press or click on the blue "Unscramble" button.
1. Probable future economic benefits is part of the definition of __________.
ASSETS SAESTS2. Inflows from delivering goods or services and other activities that are part of a company's main operations.
REVENUES VENUEESR3. The residual interest in the assets of an entity after deducting liabilities.
EQUITY TEUIYQ5. Probable future sacrifices resulting from a past transaction or event.
LIABILITIES SLBTILEIIAI6. Outflows, using up of assets, or incurring a liability as the result of earning revenues.
EXPENSES XPSNSEEE7. Other ___________________ income includes foreign currency translation adjustments.
COMPREHENSIVE OEREVNCEPSMIH9. __________________ to owners will decrease owner's equity.
DISTRIBUTIONS TISISRIONUBTDFeatured Review
"Currently working as a finance officer leading a small finance team, and entrusted with accounting responsibilities, your platform has been an invaluable resource throughout this career development. The in-depth structure of your materials, coupled with seamless cloud-based accessibility, has aided my understanding of intricate accounting functions. Becoming a PRO user was a natural choice to gain comprehensive insights into complex financial scenarios and descriptions—especially when relocating to an English-speaking country and needing to understand the professional terminology—while getting lifetime access. Your site's practice-oriented approach has significantly bolstered my practical expertise, particularly at the beginning of my journey, allowing me to navigate nuanced accounting tasks with confidence. The constant online access has been a game-changer in refining my accounting skills." - Sarah J.
Join PRO or PRO Plus and Get Lifetime Access to Our Premium Materials
Read all 2,645 reviewsWe now offer 10 Certificates of Achievement for Introductory Accounting and Bookkeeping: