Increasein assetaccountAssets =Liabilities+ EquityMoneyearned thathas not yetbeencollectedIncreasein liabilityaccountResource witheconomic valueowned with theexpectation that itwill provide afuture benefitAssetspurchasedto sellAll debtsthat areyet to bepaidFinancialstatement ofrevenue,expenses, andprofit or lossGAAPObligation topay a debtthat has notyet beenpaidMoneyearnedA financialstatement ofall assets,liabilities,and equityFree!Dollaramountearned asprofitValue afterliabilities areremovedfrom assetsCostincurredIncreasein assetaccountAssets =Liabilities+ EquityMoneyearned thathas not yetbeencollectedIncreasein liabilityaccountResource witheconomic valueowned with theexpectation that itwill provide afuture benefitAssetspurchasedto sellAll debtsthat areyet to bepaidFinancialstatement ofrevenue,expenses, andprofit or lossGAAPObligation topay a debtthat has notyet beenpaidMoneyearnedA financialstatement ofall assets,liabilities,and equityFree!Dollaramountearned asprofitValue afterliabilities areremovedfrom assetsCostincurred

Accounting Terms - 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. Increase in asset account
  2. Assets = Liabilities + Equity
  3. Money earned that has not yet been collected
  4. Increase in liability account
  5. Resource with economic value owned with the expectation that it will provide a future benefit
  6. Assets purchased to sell
  7. All debts that are yet to be paid
  8. Financial statement of revenue, expenses, and profit or loss
  9. GAAP
  10. Obligation to pay a debt that has not yet been paid
  11. Money earned
  12. A financial statement of all assets, liabilities, and equity
  13. Free!
  14. Dollar amount earned as profit
  15. Value after liabilities are removed from assets
  16. Cost incurred