FinancialStatementA report thatsummariesthe financialcondition ofa businessAccountingequationAssets= Liab+ OEPartnershipTwo or morepersonscombinetheirassets/skillManagerialAccountingThemanagement& decisionmaking inbusiness2/102% discountif paid within10 days ofthe invoicedateDebit &CreditTransactionsneed at leastone of EACHof theseFinancialAccountingBookkeeping inabusinessStockholderThe ownerof sharesin abusinessSoleProprietorA businessowned byonepersonMerchandisingBusinessA businessthat sellsproductsfor profitAccountingThe financialprocess torecordingmoneytransactionsIncomeStatementFinancialdocumentshowingrevenue andexpensesAccountBalanceTotal oftheaccountJournalizingRecordingtransactionsin a journalWithdrawalSomethinghas beentaken out ofthe businessAccountsReceivableAmounts tobe receivedin future dueto sale ofgoodsBusinessEthicsTheprinciplesof rightand wrongAssetsItemsthat areownedCreditlimitThe maximumoutstandingbalanceallowed to acustomer by avendorGAAPGenerallyacceptedaccountingprincipalsLiabilityAnamountowedExpenseMoney paidto operatethebusinessn/30No discount,must be paidwithin 30days of theinvoice dateMerchandiseInventoryThe goods abusiness hason hand forsale tocustomersPostClosingTrialBalanceThe finalfinancialstatementproduced ina fiscal yearScheduleofAccountspayableA list of vendoraccounts,balances, andtotal amountowing to allvendorsFinancialStatementsFinancialrecords ofbusinessactivityInvoiceA sourcedocument forrecording apurchase onaccountOwner'sEquityAmountremainingafter Assets- LiabilitiesTermsof SaleAn agreementbetween abuyer andseller aboutpayment formerchandiseCapitalThe owner'sinvestmentinto thebusinessAccounttitleInformationat the top ofeachfinancialstatementPurchasesThe accountused whenbuyingmerchandiseVendorA businessfrom whichmerchandiseor other assetsare purchasedAccountsPayableAmount tobe paid inthe futureBalancesheetFinancialdocumentshowingAssets, Liab,& OELedgersA group ofaccountsand theirtotalsTransactionAny businessactivity thatchangesassets, liabilityor Owner'sequityRevenueMoneyearned inbusinessFinancialStatementA report thatsummariesthe financialcondition ofa businessAccountingequationAssets= Liab+ OEPartnershipTwo or morepersonscombinetheirassets/skillManagerialAccountingThemanagement& decisionmaking inbusiness2/102% discountif paid within10 days ofthe invoicedateDebit &CreditTransactionsneed at leastone of EACHof theseFinancialAccountingBookkeeping inabusinessStockholderThe ownerof sharesin abusinessSoleProprietorA businessowned byonepersonMerchandisingBusinessA businessthat sellsproductsfor profitAccountingThe financialprocess torecordingmoneytransactionsIncomeStatementFinancialdocumentshowingrevenue andexpensesAccountBalanceTotal oftheaccountJournalizingRecordingtransactionsin a journalWithdrawalSomethinghas beentaken out ofthe businessAccountsReceivableAmounts tobe receivedin future dueto sale ofgoodsBusinessEthicsTheprinciplesof rightand wrongAssetsItemsthat areownedCreditlimitThe maximumoutstandingbalanceallowed to acustomer by avendorGAAPGenerallyacceptedaccountingprincipalsLiabilityAnamountowedExpenseMoney paidto operatethebusinessn/30No discount,must be paidwithin 30days of theinvoice dateMerchandiseInventoryThe goods abusiness hason hand forsale tocustomersPostClosingTrialBalanceThe finalfinancialstatementproduced ina fiscal yearScheduleofAccountspayableA list of vendoraccounts,balances, andtotal amountowing to allvendorsFinancialStatementsFinancialrecords ofbusinessactivityInvoiceA sourcedocument forrecording apurchase onaccountOwner'sEquityAmountremainingafter Assets- LiabilitiesTermsof SaleAn agreementbetween abuyer andseller aboutpayment formerchandiseCapitalThe owner'sinvestmentinto thebusinessAccounttitleInformationat the top ofeachfinancialstatementPurchasesThe accountused whenbuyingmerchandiseVendorA businessfrom whichmerchandiseor other assetsare purchasedAccountsPayableAmount tobe paid inthe futureBalancesheetFinancialdocumentshowingAssets, Liab,& OELedgersA group ofaccountsand theirtotalsTransactionAny businessactivity thatchangesassets, liabilityor Owner'sequityRevenueMoneyearned inbusiness

Accounting 20/30 Bingo - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
  1. A report that summaries the financial condition of a business
    Financial Statement
  2. Assets = Liab + OE
    Accounting equation
  3. Two or more persons combine their assets/skill
    Partnership
  4. The management & decision making in business
    Managerial Accounting
  5. 2% discount if paid within 10 days of the invoice date
    2/10
  6. Transactions need at least one of EACH of these
    Debit & Credit
  7. Book keeping in a business
    Financial Accounting
  8. The owner of shares in a business
    Stockholder
  9. A business owned by one person
    Sole Proprietor
  10. A business that sells products for profit
    Merchandising Business
  11. The financial process to recording money transactions
    Accounting
  12. Financial document showing revenue and expenses
    Income Statement
  13. Total of the account
    Account Balance
  14. Recording transactions in a journal
    Journalizing
  15. Something has been taken out of the business
    Withdrawal
  16. Amounts to be received in future due to sale of goods
    Accounts Receivable
  17. The principles of right and wrong
    Business Ethics
  18. Items that are owned
    Assets
  19. The maximum outstanding balance allowed to a customer by a vendor
    Credit limit
  20. Generally accepted accounting principals
    GAAP
  21. An amount owed
    Liability
  22. Money paid to operate the business
    Expense
  23. No discount, must be paid within 30 days of the invoice date
    n/30
  24. The goods a business has on hand for sale to customers
    Merchandise Inventory
  25. The final financial statement produced in a fiscal year
    Post Closing Trial Balance
  26. A list of vendor accounts, balances, and total amount owing to all vendors
    Schedule of Accounts payable
  27. Financial records of business activity
    Financial Statements
  28. A source document for recording a purchase on account
    Invoice
  29. Amount remaining after Assets - Liabilities
    Owner's Equity
  30. An agreement between a buyer and seller about payment for merchandise
    Terms of Sale
  31. The owner's investment into the business
    Capital
  32. Information at the top of each financial statement
    Account title
  33. The account used when buying merchandise
    Purchases
  34. A business from which merchandise or other assets are purchased
    Vendor
  35. Amount to be paid in the future
    Accounts Payable
  36. Financial document showing Assets, Liab, & OE
    Balance sheet
  37. A group of accounts and their totals
    Ledgers
  38. Any business activity that changes assets, liability or Owner's equity
    Transaction
  39. Money earned in business
    Revenue