creditright sideof the T-accountCPACertifiedPublicAccountantintegritythe quality ofbeing honestand havingstrong moralprinciplesdebitleft sideof the T-accountforensicaccountinguncoveringillicit activityand trackingcriminalfundingassets =liabilities +owner'sequityTheaccountingequationbalancesheetowner's Capitalaccount shouldbe the same asthe Capitalaccount balancein the:soleproprietorshiptype ofbusinessowned byone persontransactionsbusinessactivities thatchange theaccountingequationledgerform thatsummarizes allthe changes to asingle account inone placetemporaryaccountsAccounts that areused to gatherinformation until itis transferred to apermanentaccountdouble-entryaccountingconcept thatyou record adebit andcredit for eachtransactionthepurchasingand sellingof productsWhat accountingactivities make amerchandisingbusiness differfrom a servicebusiness?W-4form used toreport anemployee'swithholdingallowancesdebitCash,creditCapitalrecord a receiptshowing thatcash wasreceived fromthe owner as aninvestmentpettycashcash that abusiness keepson hand forsmall paymentsor purchasesmultiplyingthe totalearnings bythe tax rateSocialSecurity taxand Medicaretax arecalculated byincomestatementA financialstatementshowing therevenue andexpenses for afiscal periodjournalform used torecordtransactions ina chronologicalorderwrite theaccountname andthe accountnumberhow to openan accountin thegeneralledgerwriting thecustomernumber in thePost. Ref.column of thejournallast step inposting to anaccountsreceivableledgerchart ofaccountslist ofaccountsused by abusinessverify thatthe columntotals arecorrectpurpose of adouble-linerule usedwhen rulinga journalMatchingExpenseswithRevenuerecordingexpensesand revenuein sameperiodcreditright sideof the T-accountCPACertifiedPublicAccountantintegritythe quality ofbeing honestand havingstrong moralprinciplesdebitleft sideof the T-accountforensicaccountinguncoveringillicit activityand trackingcriminalfundingassets =liabilities +owner'sequityTheaccountingequationbalancesheetowner's Capitalaccount shouldbe the same asthe Capitalaccount balancein the:soleproprietorshiptype ofbusinessowned byone persontransactionsbusinessactivities thatchange theaccountingequationledgerform thatsummarizes allthe changes to asingle account inone placetemporaryaccountsAccounts that areused to gatherinformation until itis transferred to apermanentaccountdouble-entryaccountingconcept thatyou record adebit andcredit for eachtransactionthepurchasingand sellingof productsWhat accountingactivities make amerchandisingbusiness differfrom a servicebusiness?W-4form used toreport anemployee'swithholdingallowancesdebitCash,creditCapitalrecord a receiptshowing thatcash wasreceived fromthe owner as aninvestmentpettycashcash that abusiness keepson hand forsmall paymentsor purchasesmultiplyingthe totalearnings bythe tax rateSocialSecurity taxand Medicaretax arecalculated byincomestatementA financialstatementshowing therevenue andexpenses for afiscal periodjournalform used torecordtransactions ina chronologicalorderwrite theaccountname andthe accountnumberhow to openan accountin thegeneralledgerwriting thecustomernumber in thePost. Ref.column of thejournallast step inposting to anaccountsreceivableledgerchart ofaccountslist ofaccountsused by abusinessverify thatthe columntotals arecorrectpurpose of adouble-linerule usedwhen rulinga journalMatchingExpenseswithRevenuerecordingexpensesand revenuein sameperiod

Accounting 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. right side of the T-account
    credit
  2. Certified Public Accountant
    CPA
  3. the quality of being honest and having strong moral principles
    integrity
  4. left side of the T-account
    debit
  5. uncovering illicit activity and tracking criminal funding
    forensic accounting
  6. The accounting equation
    assets = liabilities + owner's equity
  7. owner's Capital account should be the same as the Capital account balance in the:
    balance sheet
  8. type of business owned by one person
    sole proprietorship
  9. business activities that change the accounting equation
    transactions
  10. form that summarizes all the changes to a single account in one place
    ledger
  11. Accounts that are used to gather information until it is transferred to a permanent account
    temporary accounts
  12. concept that you record a debit and credit for each transaction
    double-entry accounting
  13. What accounting activities make a merchandising business differ from a service business?
    the purchasing and selling of products
  14. form used to report an employee's withholding allowances
    W-4
  15. record a receipt showing that cash was received from the owner as an investment
    debit Cash, credit Capital
  16. cash that a business keeps on hand for small payments or purchases
    petty cash
  17. Social Security tax and Medicare tax are calculated by
    multiplying the total earnings by the tax rate
  18. A financial statement showing the revenue and expenses for a fiscal period
    income statement
  19. form used to record transactions in a chronological order
    journal
  20. how to open an account in the general ledger
    write the account name and the account number
  21. last step in posting to an accounts receivable ledger
    writing the customer number in the Post. Ref. column of the journal
  22. list of accounts used by a business
    chart of accounts
  23. purpose of a double-line rule used when ruling a journal
    verify that the column totals are correct
  24. recording expenses and revenue in same period
    Matching Expenses with Revenue