To see each answer, press or click on the blue "Unscramble" button.
1. Probable future economic benefits is part of the definition of __________.
ASSETS TSESAS2. Inflows from delivering goods or services and other activities that are part of a company's main operations.
REVENUES SUNEEREV3. The residual interest in the assets of an entity after deducting liabilities.
EQUITY QIYTEU5. Probable future sacrifices resulting from a past transaction or event.
LIABILITIES TSIIABELLII6. Outflows, using up of assets, or incurring a liability as the result of earning revenues.
EXPENSES SXENEESP7. Other ___________________ income includes foreign currency translation adjustments.
COMPREHENSIVE PHVNCREISEOEM9. __________________ to owners will decrease owner's equity.
DISTRIBUTIONS UDSRITNBOITISFeatured Review
"I currently hold the position of Environmental, Health, and Safety Specialist. I became a PRO user because while pursuing my degree in paralegal studies, I was required to take classes in accounting. My online class was completely self-taught, and I found myself struggling to understand the concepts as they were presented in the textbook. When I looked for online help, I found AccountingCoach. Becoming a PRO user allowed me to access lessons that made understanding my classes so much easier. I like that the lessons walk you through the concepts of accounting and are very clear to understand. They don't throw too much at you at one time; they make it easy for you to grasp one lesson before moving on to the next. Thanks to AccountingCoach, I was able to complete my accounting classes and graduate with my degree. Since then, I have become responsible for the finances of my team, and everything I have learned allows me to work with our finance department each quarter to review our books." - Chad B.
Join PRO or PRO Plus and Get Lifetime Access to Our Premium Materials
Read all 2,645 reviews
For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.
We now offer 10 Certificates of Achievement for Introductory Accounting and Bookkeeping:
