IncomeStatementanotherwordfor TPLDrawingsownerswithdrawmoneiesfor oneself.tradingaccountCOGS,grossprofit arecalculated.SourceDocumentsoriginalinformationCushBarberShopeg.soletraderBankLoanlongtermliabilityFivesectionsof BalaneSheetCurrentAssetsassetsthat areliquidBookkeepingrecordkeepingBankexampleof currentassetCreditin doubleentry theremust be adebit andEthicsbehaviorofindividualsbalanceoffto make theledder/accountequalAccountingDoubleentrysystemrecording oftransactionsTwosectionsof TPLDebit forevery____there is acrditCost ofGoodsSoldopeningstock +purchases -closing stockAccountsReceivablescreditcustomersAuditorjob inaccountingStealingbadbehaviorTrialBalancefinancialstatementdrawn up afterdouble entryis complete.Sixstages inaccountingcycleFinancialStatementsend ofyeardocumentsRevenuesadditionalincomeBankOverdraftsmallloan/ typeof currentliabilitiesAccountingCyclestages ofhowaccountingoperatedGrossProfitsales -COGSalwayscreditsales,revenues,capital,liabilities whattype of balancehonestgoodquality ofanemployeeCareersjobs/professionCapitalmoneyinvestedinto abusinessAccountsPayablessuppliers2-20# personsin apartnershipCreditNoteissued bybuyer toseller forgoodsreturned.Soletraderone manbusinessNon-CurrentAssetsland,building,carDebitnoteissued byseller tobuyer forgoodsreturnedReceiptissued whenpaymentmade bycashNetProfitprofitcalculateafterexpensededucted.alwaysdebitedassets,expenses,purchasesExpensesthings thatmake therunning of thebusiness goessmoothly.Landexampleof non-currentassetprofit andlossaccountwhere allexpensescan befoundIncomeStatementanotherwordfor TPLDrawingsownerswithdrawmoneiesfor oneself.tradingaccountCOGS,grossprofit arecalculated.SourceDocumentsoriginalinformationCushBarberShopeg.soletraderBankLoanlongtermliabilityFivesectionsof BalaneSheetCurrentAssetsassetsthat areliquidBookkeepingrecordkeepingBankexampleof currentassetCreditin doubleentry theremust be adebit andEthicsbehaviorofindividualsbalanceoffto make theledder/accountequalAccountingDoubleentrysystemrecording oftransactionsTwosectionsof TPLDebitforevery____there is acrditCost ofGoodsSoldopeningstock +purchases -closing stockAccountsReceivablescreditcustomersAuditorjob inaccountingStealingbadbehaviorTrialBalancefinancialstatementdrawn up afterdouble entryis complete.Sixstages inaccountingcycleFinancialStatementsend ofyeardocumentsRevenuesadditionalincomeBankOverdraftsmallloan/ typeof currentliabilitiesAccountingCyclestages ofhowaccountingoperatedGrossProfitsales -COGSalwayscreditsales,revenues,capital,liabilities whattype of balancehonestgoodquality ofanemployeeCareersjobs/professionCapitalmoneyinvestedinto abusinessAccountsPayablessuppliers2-20# personsin apartnershipCreditNoteissued bybuyer toseller forgoodsreturned.Soletraderone manbusinessNon-CurrentAssetsland,building,carDebitnoteissued byseller tobuyer forgoodsreturnedReceiptissued whenpaymentmade bycashNetProfitprofitcalculateafterexpensededucted.alwaysdebitedassets,expenses,purchasesExpensesthings thatmake therunning of thebusiness goessmoothly.Landexampleof non-currentassetprofit andlossaccountwhere allexpensescan befound

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