This bingo card has 16 words: Resource with economic value owned with the expectation that it will provide a future benefit, All debts that are yet to be paid, Value after liabilities are removed from assets, Obligation to pay a debt that has not yet been paid, Money earned that has not yet been collected, Assets purchased to sell, A financial statement of all assets, liabilities, and equity, Financial statement of revenue, expenses, and profit or loss, Free!, Money earned, Cost incurred, Dollar amount earned as profit, Increase in liability account, Increase in asset account, Assets = Liabilities + Equity and GAAP.
Accounting | Chapter 1 accounting (definitions) | Accounting BINGO | Accounting Vocab Ch. 1-3 | Book-Keeping Systems
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