Financialstatement ofrevenue,expenses, andprofit or lossAssets =Liabilities+ EquityMoneyearnedMoneyearned thathas not yetbeencollectedFree!Obligation topay a debtthat has notyet beenpaidGAAPIncreasein liabilityaccountAssetspurchasedto sellResource witheconomic valueowned with theexpectation that itwill provide afuture benefitCostincurredAll debtsthat areyet to bepaidIncreasein assetaccountDollaramountearned asprofitValue afterliabilities areremovedfrom assetsA financialstatement ofall assets,liabilities,and equityFinancialstatement ofrevenue,expenses, andprofit or lossAssets =Liabilities+ EquityMoneyearnedMoneyearned thathas not yetbeencollectedFree!Obligation topay a debtthat has notyet beenpaidGAAPIncreasein liabilityaccountAssetspurchasedto sellResource witheconomic valueowned with theexpectation that itwill provide afuture benefitCostincurredAll debtsthat areyet to bepaidIncreasein assetaccountDollaramountearned asprofitValue afterliabilities areremovedfrom assetsA financialstatement ofall assets,liabilities,and equity

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