General Accounting Theme

Accounting Theme 3 - General


By: Dr. Nabil Chaiban


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Across

  1. COMPANY of which more than 50% of the voting shares are owned by another CORPORATION, called the PARENT COMPANY.
  2. Percentage of a firm’s profits that is paid out to shareholders in the form of DIVIDENDS.
  3. Charging an ASSET ACCOUNT to EXPENSE or LOSS.
  4. The price investors are willing to pay for a share of stock on the open market.
  5. The number of times a particular product is sold and restocked during a fixed period of time.
  6. An amount of something produced, especially during a given period of time.
  7. The process of determining the PRESENT VALUE of a BOND based on the current MARKET INTEREST RATE.
  8. Payment for services of employees at an hourly rate.
  9. Any book of accounts containing the summaries of debit and credit entries.
  10. The amount of cash that remains after deducting the funds a COMPANY must commit to continue operating at its planned level.

Down

  1. A person who owns shares of STOCK in a COMPANY.
  2. Period of time between the acquisition of goods and services involved in the manufacturing process and the final cash realization resulting from sales and subsequent collections.
  3. COMPANY officer responsible for the receipt, custody, INVESTMENT, and DISBURSEMENT of funds, for borrowings, and, if it is a public company, for the maintenance of a MARKET for its securities.
  4. Cash, cash equivalents, and marketable SECURITIES.
  5. A notation in the GENERAL JOURNAL. It records a single transaction.
  6. Distinctive name, symbol, motto, or emblem that identifies a product, service, or firm.
  7. An ACCOUNTING or BOOKKEEPING application for use on a computer.
  8. Supplier of goods or services of a commercial nature; may be a manufacturer, importer, or wholesale distributor.