pettycashcash that abusiness keepson hand forsmall paymentsor purchasesmultiplyingthe totalearnings bythe tax rateSocialSecurity taxand Medicaretax arecalculated byassets =liabilities +owner'sequityTheaccountingequationchart ofaccountslist ofaccountsused by abusinessMatchingExpenseswithRevenuerecordingexpensesand revenuein sameperiodtransactionsbusinessactivities thatchange theaccountingequationincomestatementA financialstatementshowing therevenue andexpenses for afiscal periodCPACertifiedPublicAccountantforensicaccountinguncoveringillicit activityand trackingcriminalfundingW-4form used toreport anemployee'swithholdingallowancesdouble-entryaccountingconcept thatyou record adebit andcredit for eachtransactiontemporaryaccountsAccounts that areused to gatherinformation until itis transferred to apermanentaccountwrite theaccountname andthe accountnumberhow to openan accountin thegeneralledgerdebitleft sideof the T-accountbalancesheetowner's Capitalaccount shouldbe the same asthe Capitalaccount balancein the:journalform used torecordtransactions ina chronologicalorderdebitCash,creditCapitalrecord a receiptshowing thatcash wasreceived fromthe owner as aninvestmentwriting thecustomernumber in thePost. Ref.column of thejournallast step inposting to anaccountsreceivableledgersoleproprietorshiptype ofbusinessowned byone personverify thatthe columntotals arecorrectpurpose of adouble-linerule usedwhen rulinga journalthepurchasingand sellingof productsWhat accountingactivities make amerchandisingbusiness differfrom a servicebusiness?ledgerform thatsummarizes allthe changes to asingle account inone placecreditright sideof the T-accountintegritythe quality ofbeing honestand havingstrong moralprinciplespettycashcash that abusiness keepson hand forsmall paymentsor purchasesmultiplyingthe totalearnings bythe tax rateSocialSecurity taxand Medicaretax arecalculated byassets =liabilities +owner'sequityTheaccountingequationchart ofaccountslist ofaccountsused by abusinessMatchingExpenseswithRevenuerecordingexpensesand revenuein sameperiodtransactionsbusinessactivities thatchange theaccountingequationincomestatementA financialstatementshowing therevenue andexpenses for afiscal periodCPACertifiedPublicAccountantforensicaccountinguncoveringillicit activityand trackingcriminalfundingW-4form used toreport anemployee'swithholdingallowancesdouble-entryaccountingconcept thatyou record adebit andcredit for eachtransactiontemporaryaccountsAccounts that areused to gatherinformation until itis transferred to apermanentaccountwrite theaccountname andthe accountnumberhow to openan accountin thegeneralledgerdebitleft sideof the T-accountbalancesheetowner's Capitalaccount shouldbe the same asthe Capitalaccount balancein the:journalform used torecordtransactions ina chronologicalorderdebitCash,creditCapitalrecord a receiptshowing thatcash wasreceived fromthe owner as aninvestmentwriting thecustomernumber in thePost. Ref.column of thejournallast step inposting to anaccountsreceivableledgersoleproprietorshiptype ofbusinessowned byone personverify thatthe columntotals arecorrectpurpose of adouble-linerule usedwhen rulinga journalthepurchasingand sellingof productsWhat accountingactivities make amerchandisingbusiness differfrom a servicebusiness?ledgerform thatsummarizes allthe changes to asingle account inone placecreditright sideof the T-accountintegritythe quality ofbeing honestand havingstrong moralprinciples

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