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