Ordonner les Lettres Financial Statements Unscramble ChallengeVersion en ligne Test your knowledge of key concepts related to financial reporting in this fun word game! par Arlhene Lictawa 1 A financial statement that summarizes assets, liabilities, and equity at a specific point in time. A N L A E C B 2 Resources owned by a company that have economic value and can provide future benefits. S T S A E S 3 Obligations or debts that a company owes to outside parties, requiring future settlement. L I A L S I B I T I E 4 The residual interest in the assets of an entity after deducting liabilities, representing ownership. U Y I Q T E 5 The income generated from normal business operations, typically from sales of goods and services. N U V E E R E 6 Costs incurred in the process of earning revenue, which reduce overall profit. N S E E X E S P 7 The net amount of cash being transferred into and out of a business, indicating liquidity. F H L S A W C O 8 A formal record that provides an overview of financial performance and position over a period. N T M E T E A S T