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