(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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Raw Materials, Work in Process, and Finished Goods
equals the amount by which the purchase price exceeds fair market value of net assets acquired
Principal * Annual Interest Rate* (Number of Months/ 12 months)
no assets are pledged as guarantee of repayment at maturity
annual interest rate paid
rate set by markets at the time of issuance
inventory method ends up with least income tax
title of goods changes hands on delivery (company takes responsibility until the end of the journey)
((Cost – Residual Value) / Estimated Total Production) * Actual Production
no physical substance that includes patents, copyrights, goodwill, etc.
title of goods changes hands at the shipping date (takes responsibility at the start of the journey)
The chance that the future event or events will occur is high that appears as a liability on the Balance Sheet
(Beginning Inventory + Purchases of Merchandise during the Year) – Ending Inventory
(Cost – Residual Value) * (1/ Useful Life)
added to the asset account (capitalize)
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
expensed in the period incurred
: occurs when one company buys another company
DR: allowance for doubtful accounts, CR: accounts receivable
No up-to-date record of inventory is maintained during the year
DR: Bad Debt Expense, CR: Allowance for Doubtful Accounts
Sales Revenue – Credit Card and Sales Discount – Sales Returns and Allowances
