Accounting


Word Scramble for...

Financial Statements

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 1. The _______ sheet will report the total amount of a corporation's retained earnings. NABCALE BALANCE
 2. The financial statement that reports the liabilities is sometimes known as the statement of financial ____________. NIPIOOTS POSITION
 3. The balance sheet reports amounts at a _________ in time. TIPNO POINT
 4. The amount of working __________ can be calculated quickly from a classified balance sheet. TACLIPA CAPITAL
 5. The income statement reports amounts for a _________ of time. ORPIDE PERIOD
 6. The amounts earned from a company's main activities. NEREVSEU REVENUES
 7. The costs that are matched with revenues. SENESEPX EXPENSES
 8. Sales minus the cost of goods sold equals _______ profit. SOGSR GROSS
 9. The financial statement that reports the change in cash and cash equivalents is the statement of cash ________. WOLFS FLOWS
10. Other comprehensive income is reported in the statement of stockholders' ________. TUIQYE EQUITY
11. The heading of the statement of cash flows discloses the _________ of time covered. EIDPRO PERIOD
12. The income statement is often referred to as the ________ and loss statement. TOPIRF PROFIT
13. Bonds payable will be reported as a long-term ____________. YBAITIILL LIABILITY
14. Financial statements are best prepared under the __________ basis of accounting. LCAARCU ACCRUAL
15. Paid-in capital is one section of ________________' equity. TCSKOROHDSLE STOCKHOLDERS
16. The amounts to calculate the debt to equity ratio are found on the ________ sheet. CLAEABN BALANCE
17. The current period's net income is part of the corporation's ___________ earnings reported on the balance sheet. EINERADT RETAINED
18. The costs expiring during the current accounting period. NEEPSXSE EXPENSES
19. Prepaid expenses are reported as ________. SATESS ASSETS
20. Customer deposits are reported as _____________. IBALISITEIL LIABILITIES



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