inventorypurchasedon Jan 4FIFOPurchaserequisitionBuyer payfreightsale whengoodsshipped$325LIFOprincipleconsidersbalance inAllowance forDoubtfulAccounts$1,700Seller payfreightsale whengoodsdelivered$251AllowanceforDoubtfulAccountscontra-assetaccountdr notespayabledr interestexpcr cashdr unearnedrentcr rentrevenuePurchaseordermakeraging ofreceivables& % of salesmethodpayer$2,100Dr beginninginventoryCr incomesummaryas apercentageof netcredit sales$200Dr incomesummaryCr beginninginventory$299.50inventorypurchasedon Jan 4FIFOPurchaserequisitionBuyer payfreightsale whengoodsshipped$325LIFOprincipleconsidersbalance inAllowance forDoubtfulAccounts$1,700Seller payfreightsale whengoodsdelivered$251AllowanceforDoubtfulAccountscontra-assetaccountdr notespayabledr interestexpcr cashdr unearnedrentcr rentrevenuePurchaseordermakeraging ofreceivables& % of salesmethodpayer$2,100Dr beginninginventoryCr incomesummaryas apercentageof netcredit sales$200Dr incomesummaryCr beginninginventory$299.50

Accounting II Midterm Review - 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.


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  1. inventory purchased on Jan 4
  2. FIFO
  3. Purchase requisition
  4. Buyer pay freight sale when goods shipped
  5. $325
  6. LIFO
  7. principle
  8. considers balance in Allowance for Doubtful Accounts
  9. $1,700
  10. Seller pay freight sale when goods delivered
  11. $251
  12. Allowance for Doubtful Accounts
  13. contra-asset account
  14. dr notes payable dr interest exp cr cash
  15. dr unearned rent cr rent revenue
  16. Purchase order
  17. maker
  18. aging of receivables & % of sales method
  19. payer
  20. $2,100
  21. Dr beginning inventory Cr income summary
  22. as a percentage of net credit sales
  23. $200
  24. Dr income summary Cr beginning inventory
  25. $299.50