$245,000endinginventoryis carried tothe balancesheet columnsdoesnotexistdebitedfor$3,700dr cashcr notesreceivablecr interestincome$43,300accountsreceivableless allowancefor doubtfulaccountscost ofpurchaseless returns& allowancesfreightin$178,500subtractingcost of goodssold fromrevenuedr accountsreceivablecr interestincomecr notesreceivable$6,855.73Netrealizablevalue doesnot change$400.93dr salariesexpense &cr salariespayable$23,500dr notesreceivablecr accountsreceivableadjustingentries forsalariespayablepurchasediscount$275as thereceivableis deemedworthlessdrdepreciationexpense & craccumulateddepreciationaccountspayable &thesubsidiaryledgerdr rentexpense &cr prepaidrent$245,000endinginventoryis carried tothe balancesheet columnsdoesnotexistdebitedfor$3,700dr cashcr notesreceivablecr interestincome$43,300accountsreceivableless allowancefor doubtfulaccountscost ofpurchaseless returns& allowancesfreightin$178,500subtractingcost of goodssold fromrevenuedr accountsreceivablecr interestincomecr notesreceivable$6,855.73Netrealizablevalue doesnot change$400.93dr salariesexpense &cr salariespayable$23,500dr notesreceivablecr accountsreceivableadjustingentries forsalariespayablepurchasediscount$275as thereceivableis deemedworthlessdrdepreciationexpense & craccumulateddepreciationaccountspayable &thesubsidiaryledgerdr rentexpense &cr prepaidrent

Accounting II Midterm Review - 2 - 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. $245,000
  2. ending inventory is carried to the balance sheet columns
  3. does not exist
  4. debited for $3,700
  5. dr cash cr notes receivable cr interest income
  6. $43,300
  7. accounts receivable less allowance for doubtful accounts
  8. cost of purchase less returns & allowances
  9. freight in
  10. $178,500
  11. subtracting cost of goods sold from revenue
  12. dr accounts receivable cr interest income cr notes receivable
  13. $6,855.73
  14. Net realizable value does not change
  15. $400.93
  16. dr salaries expense & cr salaries payable
  17. $23,500
  18. dr notes receivable cr accounts receivable
  19. adjusting entries for salaries payable
  20. purchase discount
  21. $275
  22. as the receivable is deemed worthless
  23. dr depreciation expense & cr accumulated depreciation
  24. accounts payable & the subsidiary ledger
  25. dr rent expense & cr prepaid rent