Sixstages inaccountingcycle2-20# personsin apartnershipCurrentAssetsassetsthat areliquidNon-CurrentAssetsland,building,cartradingaccountCOGS,grossprofit arecalculated.NetProfitprofitcalculateafterexpensededucted.RevenuesadditionalincomeCushBarberShopeg.soletraderFinancialStatementsend ofyeardocumentsAccountingDebit forevery____there is acrditDrawingsownerswithdrawmoneiesfor oneself.balanceoffto make theledder/accountequalBookkeepingrecordkeepingIncomeStatementanotherwordfor TPLAccountsReceivablescreditcustomersprofit andlossaccountwhere allexpensescan befoundCreditin doubleentry theremust be adebit andBankLoanlongtermliabilityReceiptissued whenpaymentmade bycashalwaysdebitedassets,expenses,purchasesAccountingCyclestages ofhowaccountingoperatedalwayscreditsales,revenues,capital,liabilities whattype of balanceEthicsbehaviorofindividualsSoletraderone manbusinessAccountsPayablessuppliersDoubleentrysystemrecording oftransactionsStealingbadbehaviorLandexampleof non-currentassetSourceDocumentsoriginalinformationGrossProfitsales -COGSDebitnoteissued byseller tobuyer forgoodsreturnedCareersjobs/professionExpensesthings thatmake therunning of thebusiness goessmoothly.Cost ofGoodsSoldopeningstock +purchases -closing stockTwosectionsof TPLCreditNoteissued bybuyer toseller forgoodsreturned.TrialBalancefinancialstatementdrawn up afterdouble entryis complete.Auditorjob inaccountingBankOverdraftsmallloan/ typeof currentliabilitieshonestgoodquality ofanemployeeCapitalmoneyinvestedinto abusinessFivesectionsof BalaneSheetBankexampleof currentassetSixstages inaccountingcycle2-20# personsin apartnershipCurrentAssetsassetsthat areliquidNon-CurrentAssetsland,building,cartradingaccountCOGS,grossprofit arecalculated.NetProfitprofitcalculateafterexpensededucted.RevenuesadditionalincomeCushBarberShopeg.soletraderFinancialStatementsend ofyeardocumentsAccountingDebitforevery____there is acrditDrawingsownerswithdrawmoneiesfor oneself.balanceoffto make theledder/accountequalBookkeepingrecordkeepingIncomeStatementanotherwordfor TPLAccountsReceivablescreditcustomersprofit andlossaccountwhere allexpensescan befoundCreditin doubleentry theremust be adebit andBankLoanlongtermliabilityReceiptissued whenpaymentmade bycashalwaysdebitedassets,expenses,purchasesAccountingCyclestages ofhowaccountingoperatedalwayscreditsales,revenues,capital,liabilities whattype of balanceEthicsbehaviorofindividualsSoletraderone manbusinessAccountsPayablessuppliersDoubleentrysystemrecording oftransactionsStealingbadbehaviorLandexampleof non-currentassetSourceDocumentsoriginalinformationGrossProfitsales -COGSDebitnoteissued byseller tobuyer forgoodsreturnedCareersjobs/professionExpensesthings thatmake therunning of thebusiness goessmoothly.Cost ofGoodsSoldopeningstock +purchases -closing stockTwosectionsof TPLCreditNoteissued bybuyer toseller forgoodsreturned.TrialBalancefinancialstatementdrawn up afterdouble entryis complete.Auditorjob inaccountingBankOverdraftsmallloan/ typeof currentliabilitieshonestgoodquality ofanemployeeCapitalmoneyinvestedinto abusinessFivesectionsof BalaneSheetBankexampleof currentasset

Accounting Bingo - 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. stages in accounting cycle
    Six
  2. # persons in a partnership
    2-20
  3. assets that are liquid
    Current Assets
  4. land, building, car
    Non-Current Assets
  5. COGS, gross profit are calculated.
    trading account
  6. profit calculate after expense deducted.
    Net Profit
  7. additional income
    Revenues
  8. eg. sole trader
    Cush Barber Shop
  9. end of year documents
    Financial Statements
  10. Accounting
  11. for every____ there is a crdit
    Debit
  12. owners withdraw moneies for oneself.
    Drawings
  13. to make the ledder/account equal
    balance off
  14. record keeping
    Book keeping
  15. another word for TPL
    Income Statement
  16. credit customers
    Accounts Receivables
  17. where all expenses can be found
    profit and loss account
  18. in double entry there must be a debit and
    Credit
  19. long term liability
    Bank Loan
  20. issued when payment made by cash
    Receipt
  21. assets, expenses, purchases
    always debited
  22. stages of how accounting operated
    Accounting Cycle
  23. sales, revenues, capital, liabilities what type of balance
    always credit
  24. behavior of individuals
    Ethics
  25. one man business
    Sole trader
  26. suppliers
    Accounts Payables
  27. recording of transactions
    Double entry system
  28. bad behavior
    Stealing
  29. example of non-current asset
    Land
  30. original information
    Source Documents
  31. sales - COGS
    Gross Profit
  32. issued by seller to buyer for goods returned
    Debit note
  33. jobs /profession
    Careers
  34. things that make the running of the business goes smoothly.
    Expenses
  35. opening stock + purchases - closing stock
    Cost of Goods Sold
  36. sections of TPL
    Two
  37. issued by buyer to seller for goods returned.
    Credit Note
  38. financial statement drawn up after double entry is complete.
    Trial Balance
  39. job in accounting
    Auditor
  40. small loan/ type of current liabilities
    Bank Overdraft
  41. good quality of an employee
    honest
  42. money invested into a business
    Capital
  43. sections of Balane Sheet
    Five
  44. example of current asset
    Bank