Across
- 1. Asset (factory, machine, equipment etc) owned by business (7)
- 4. First offering in Public Market. (3)
- 7. Legal Debt/obligation estimated with the help of accrual accounting (9)
- 9. An accounting entry which results in either an increase in assets or a decrease in liabilities on a company's balance sheet or in your bank account. (5)
- 11. The excess of revenues over outlays in a given period of time (6)
- 13. Ratio obtained by dividing Current Asstes by Current Liabilities (First term only) (7)
- 16. Any companies major financial statement (12)
- 17. Asset in physical form (First term only) (8)
- 19. Expence occured above labor, material or administration cost. (8)
- 20. Accounting entry that generally decreases assets or increases liability (6)
Down
- 2. Ability of converting any asset to cash on a short notice. (9)
- 3. _____ is what money does. (5)
- 5. Process of determining current worth of any company. (9)
- 6. Value of a Mutual Fund's Portfolio less liabilities (13)
- 8. Summary of expenditures with proposals meeting them (6)
- 10. Expense recorded to reduce value of a long-term tangible asset. (12)
- 12. Security above its intrinsic value (10)
- 14. Incollectable Debt. (7)
- 15. Person giving any asset on lease (6)
- 18. A contract granting use or occupation of property during a specified time for a specified payment (5)

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