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