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 L N B C A E 2 Resources owned by a company that have economic value and can provide future benefits. A S S T S E 3 Obligations or debts that a company owes to outside parties, requiring future settlement. L L B I E A T I I S I 4 The residual interest in the assets of an entity after deducting liabilities, representing ownership. I E U Y T Q 5 The income generated from normal business operations, typically from sales of goods and services. U E N V E E R 6 Costs incurred in the process of earning revenue, which reduce overall profit. S E E E S X N P 7 The net amount of cash being transferred into and out of a business, indicating liquidity. C W O A H L F S 8 A formal record that provides an overview of financial performance and position over a period. S M E E T T A T N
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