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Crossword Puzzle 1 (2 words) The price when purchased is used to record enveritory costs. 5 (2 words) Each joumal entry must be supported by

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Crossword Puzzle 1 (2 words) The price when purchased is used to record enveritory costs. 5 (2 words) Each joumal entry must be supported by a source dooument proving that a transaction did ocour. 7 (4 words) Requires that the expenses incurred in an cocounting period are matched with revernue samed in the same peribd 8 (2 words) An acoounting system in which every business iransaction aflects the balance of at least two accounts. 10 (2 mords) Requires a financial report to include enough information 50 that it is compiete. 12 (3 words) Revenue is reoorded on the date it is earned even it cash has not been recaived. 13 (2 mords) Snoe businesses expect to remain in business indefinitey, the acoounting reocrds must be kept up to dase. 2 (3 words) Requires a businoss to apply the same acoounting methods in the same way from one accounting peiriod to the next. 3 (2 words) is the form of business ownership: soie propretor. partnership or corporation. 4 Guides the accountart when reporting the financial posifon of a business to present amounts that are least likely to overstate income or assets. 5 ( 2 words) in the Uniled States, the amounts are stated in dollar and cents. a ( 2 words) The penod of time oovered by an acoounting report 11 The common nules that are to be followed when preparing finarcial statuments ta be diatributed outside of a company WORD BANK: Acoountinoveriod. bushessentity, oonservasism, oonsistenoyofreportine. doubleentry, Mildisolosure, gasp. joingooncem, historkaloost matchingexpensewithrevenve, objectiveevidence, realizationofrevenue, unitmeasurement

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