ledgerform thatsummarizes allthe changes to asingle account inone placebalancesheetowner's Capitalaccount shouldbe the same asthe Capitalaccount balancein the:CPACertifiedPublicAccountantchart ofaccountslist ofaccountsused by abusinesspettycashcash that abusiness keepson hand forsmall paymentsor purchasesdouble-entryaccountingconcept thatyou record adebit andcredit for eachtransactionmultiplyingthe totalearnings bythe tax rateSocialSecurity taxand Medicaretax arecalculated byintegritythe quality ofbeing honestand havingstrong moralprincipleswrite theaccountname andthe accountnumberhow to openan accountin thegeneralledgerassets =liabilities +owner'sequityTheaccountingequationtemporaryaccountsAccounts that areused to gatherinformation until itis transferred to apermanentaccountwriting thecustomernumber in thePost. Ref.column of thejournallast step inposting to anaccountsreceivableledgerjournalform used torecordtransactions ina chronologicalorderverify thatthe columntotals arecorrectpurpose of adouble-linerule usedwhen rulinga journalforensicaccountinguncoveringillicit activityand trackingcriminalfundingcreditright sideof the T-accountW-4form used toreport anemployee'swithholdingallowancessoleproprietorshiptype ofbusinessowned byone persondebitleft sideof the T-accountthepurchasingand sellingof productsWhat accountingactivities make amerchandisingbusiness differfrom a servicebusiness?transactionsbusinessactivities thatchange theaccountingequationdebitCash,creditCapitalrecord a receiptshowing thatcash wasreceived fromthe owner as aninvestmentMatchingExpenseswithRevenuerecordingexpensesand revenuein sameperiodincomestatementA financialstatementshowing therevenue andexpenses for afiscal periodledgerform thatsummarizes allthe changes to asingle account inone placebalancesheetowner's Capitalaccount shouldbe the same asthe Capitalaccount balancein the:CPACertifiedPublicAccountantchart ofaccountslist ofaccountsused by abusinesspettycashcash that abusiness keepson hand forsmall paymentsor purchasesdouble-entryaccountingconcept thatyou record adebit andcredit for eachtransactionmultiplyingthe totalearnings bythe tax rateSocialSecurity taxand Medicaretax arecalculated byintegritythe quality ofbeing honestand havingstrong moralprincipleswrite theaccountname andthe accountnumberhow to openan accountin thegeneralledgerassets =liabilities +owner'sequityTheaccountingequationtemporaryaccountsAccounts that areused to gatherinformation until itis transferred to apermanentaccountwriting thecustomernumber in thePost. Ref.column of thejournallast step inposting to anaccountsreceivableledgerjournalform used torecordtransactions ina chronologicalorderverify thatthe columntotals arecorrectpurpose of adouble-linerule usedwhen rulinga journalforensicaccountinguncoveringillicit activityand trackingcriminalfundingcreditright sideof the T-accountW-4form used toreport anemployee'swithholdingallowancessoleproprietorshiptype ofbusinessowned byone persondebitleft sideof the T-accountthepurchasingand sellingof productsWhat accountingactivities make amerchandisingbusiness differfrom a servicebusiness?transactionsbusinessactivities thatchange theaccountingequationdebitCash,creditCapitalrecord a receiptshowing thatcash wasreceived fromthe owner as aninvestmentMatchingExpenseswithRevenuerecordingexpensesand revenuein sameperiodincomestatementA financialstatementshowing therevenue andexpenses for afiscal period

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