creditright sideof the T-accountpettycashcash that abusiness keepson hand forsmall paymentsor purchasesjournalform used torecordtransactions ina chronologicalorderwriting thecustomernumber in thePost. Ref.column of thejournallast step inposting to anaccountsreceivableledgerforensicaccountinguncoveringillicit activityand trackingcriminalfundingW-4form used toreport anemployee'swithholdingallowancesdebitleft sideof the T-accountsoleproprietorshiptype ofbusinessowned byone persondebitCash,creditCapitalrecord a receiptshowing thatcash wasreceived fromthe owner as aninvestmentincomestatementA financialstatementshowing therevenue andexpenses for afiscal periodassets =liabilities +owner'sequityTheaccountingequationverify thatthe columntotals arecorrectpurpose of adouble-linerule usedwhen rulinga journalintegritythe quality ofbeing honestand havingstrong moralprinciplesledgerform thatsummarizes allthe changes to asingle account inone placechart ofaccountslist ofaccountsused by abusinessdouble-entryaccountingconcept thatyou record adebit andcredit for eachtransactiontemporaryaccountsAccounts that areused to gatherinformation until itis transferred to apermanentaccounttransactionsbusinessactivities thatchange theaccountingequationmultiplyingthe totalearnings bythe tax rateSocialSecurity taxand Medicaretax arecalculated bythepurchasingand sellingof productsWhat accountingactivities make amerchandisingbusiness differfrom a servicebusiness?CPACertifiedPublicAccountantbalancesheetowner's Capitalaccount shouldbe the same asthe Capitalaccount balancein the:MatchingExpenseswithRevenuerecordingexpensesand revenuein sameperiodwrite theaccountname andthe accountnumberhow to openan accountin thegeneralledgercreditright sideof the T-accountpettycashcash that abusiness keepson hand forsmall paymentsor purchasesjournalform used torecordtransactions ina chronologicalorderwriting thecustomernumber in thePost. Ref.column of thejournallast step inposting to anaccountsreceivableledgerforensicaccountinguncoveringillicit activityand trackingcriminalfundingW-4form used toreport anemployee'swithholdingallowancesdebitleft sideof the T-accountsoleproprietorshiptype ofbusinessowned byone persondebitCash,creditCapitalrecord a receiptshowing thatcash wasreceived fromthe owner as aninvestmentincomestatementA financialstatementshowing therevenue andexpenses for afiscal periodassets =liabilities +owner'sequityTheaccountingequationverify thatthe columntotals arecorrectpurpose of adouble-linerule usedwhen rulinga journalintegritythe quality ofbeing honestand havingstrong moralprinciplesledgerform thatsummarizes allthe changes to asingle account inone placechart ofaccountslist ofaccountsused by abusinessdouble-entryaccountingconcept thatyou record adebit andcredit for eachtransactiontemporaryaccountsAccounts that areused to gatherinformation until itis transferred to apermanentaccounttransactionsbusinessactivities thatchange theaccountingequationmultiplyingthe totalearnings bythe tax rateSocialSecurity taxand Medicaretax arecalculated bythepurchasingand sellingof productsWhat accountingactivities make amerchandisingbusiness differfrom a servicebusiness?CPACertifiedPublicAccountantbalancesheetowner's Capitalaccount shouldbe the same asthe Capitalaccount balancein the:MatchingExpenseswithRevenuerecordingexpensesand revenuein sameperiodwrite theaccountname andthe accountnumberhow to openan accountin thegeneralledger

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