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