Name:

Accounting Crossword Puzzle

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J T
O R
U A
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R A N
N C S
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A F I N A N C I A L
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L O C W
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E A D J U S T E D O
N N I R
T T O K
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P R E P A R A T I O N S
Y N H
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C L O S I N G E N T R Y E
C E
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T E M P O R A R Y A C C O U N T
C
L
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P E R M A N E N T A C C O U N T

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G E N E R A L J O U R N A L

Across Down
4. The purpose of the accounting cycle is to prepare 1. A business transaction is recorded as a in the
statements like the balance sheet, income statement, statement general journal to show how the event changed in the
of retained earnings, and statement of cash flows. accounting equation.
6. A trial balance that lists of all company accounts that will appear on2. An exchange of value between two different groups with
financial the financial statements after year-end adjusting journal entries have or accounting significance.
been made. 3. The financial process starting with recording business transactions
7. Financial statement is the purpose of the accounting and leading up to the preparation of financial statements.
cycle. 5. The accounting is a tool used to help bookkeepers
8. An entry made at the end of an accounting period to zero out and accountants complete the accounting cycle and prepare year-
all temporary accounts and transfer their balances to permanent end reports like unadjusted trial balances, adjusting journal entries,
accounts. adjusted trial balances, and financial statements.
9. An income statement account that is used to track
accounting activity during an accounting period.
10. A balance sheet account that tracks the activities that last
longer than an accounting period.
11. A record or document that contains account summaries
for accounts used by a company.