(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.
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equals the amount by which the purchase price exceeds fair market value of net assets acquired
no assets are pledged as guarantee of repayment at maturity
series of consecutive, equal, periodic payments
(Beginning Inventory + Purchases of Merchandise during the Year) – Ending Inventory
The chance that the future event or events will occur is high that appears as a liability on the Balance Sheet
no physical substance that includes patents, copyrights, goodwill, etc.
The chance that the future event or events will occur is more than remote but less than likely that is disclosed on the footnote but not on the balance sheet
annual interest rate paid
purchase transactions are recorded directly in an inventory account
Principal * Annual Interest Rate* (Number of Months/ 12 months)
((Cost – Residual Value) / Estimated Total Production) * Actual Production
inventory method ends up with least income tax
rate set by markets at the time of issuance
title of goods changes hands on delivery (company takes responsibility until the end of the journey)
added to the asset account (capitalize)
(Cost – Residual Value) * (1/ Useful Life)
The chance that the future event or events will occur is slight that will not be recorded on the footnote or balance sheet
physical substance that includes land, buildings, equipment, etc.
DR: allowance for doubtful accounts, CR: accounts receivable
expensed in the period incurred
DR: Bad Debt Expense, CR: Allowance for Doubtful Accounts
Raw Materials, Work in Process, and Finished Goods
