Accounting Bingo

Accounting Bingo Card
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This bingo card has 16 words: The accounting equation, Accounts that have a normal credit balance, Accounts that have a normal debit balance, What are permanent accounts and give one example, What are temporary accounts and give one example, What is the order for closing accounts, Free!, Items the business OWNS, Free!, What the business OWES, Where transactions are journalized, Where transactions are posted, Financial statement that shows the assets, liabilities and owner’s equity, Financial statement that shows revenues and expenses, The accounting assumption that a business exists independently of its owner’s personal holdings and The set of rules that all accountants use to prepare financial reports.

⚠ This card has duplicate items: Free! (2)

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