AccountingCyclestages ofhowaccountingoperatedSoletraderone manbusinessBookkeepingrecordkeepingGrossProfitsales -COGSAccountsReceivablescreditcustomers2-20# personsin apartnershiptradingaccountCOGS,grossprofit arecalculated.alwaysdebitedassets,expenses,purchasesStealingbadbehaviorCareersjobs/professionTwosectionsof TPLEthicsbehaviorofindividualsIncomeStatementanotherwordfor TPLBankOverdraftsmallloan/ typeof currentliabilitiesCapitalmoneyinvestedinto abusinessSixstages inaccountingcycleAccountsPayablessuppliersalwayscreditsales,revenues,capital,liabilities whattype of balanceFinancialStatementsend ofyeardocumentsDebit forevery____there is acrditCreditin doubleentry theremust be adebit andLandexampleof non-currentassetFivesectionsof BalaneSheetReceiptissued whenpaymentmade bycashhonestgoodquality ofanemployeeExpensesthings thatmake therunning of thebusiness goessmoothly.NetProfitprofitcalculateafterexpensededucted.Debitnoteissued byseller tobuyer forgoodsreturnedBankLoanlongtermliabilityprofit andlossaccountwhere allexpensescan befoundBankexampleof currentassetCushBarberShopeg.soletraderRevenuesadditionalincomeSourceDocumentsoriginalinformationNon-CurrentAssetsland,building,carDoubleentrysystemrecording oftransactionsCreditNoteissued bybuyer toseller forgoodsreturned.balanceoffto make theledder/accountequalCost ofGoodsSoldopeningstock +purchases -closing stockAccountingAuditorjob inaccountingDrawingsownerswithdrawmoneiesfor oneself.CurrentAssetsassetsthat areliquidTrialBalancefinancialstatementdrawn up afterdouble entryis complete.AccountingCyclestages ofhowaccountingoperatedSoletraderone manbusinessBookkeepingrecordkeepingGrossProfitsales -COGSAccountsReceivablescreditcustomers2-20# personsin apartnershiptradingaccountCOGS,grossprofit arecalculated.alwaysdebitedassets,expenses,purchasesStealingbadbehaviorCareersjobs/professionTwosectionsof TPLEthicsbehaviorofindividualsIncomeStatementanotherwordfor TPLBankOverdraftsmallloan/ typeof currentliabilitiesCapitalmoneyinvestedinto abusinessSixstages inaccountingcycleAccountsPayablessuppliersalwayscreditsales,revenues,capital,liabilities whattype of balanceFinancialStatementsend ofyeardocumentsDebitforevery____there is acrditCreditin doubleentry theremust be adebit andLandexampleof non-currentassetFivesectionsof BalaneSheetReceiptissued whenpaymentmade bycashhonestgoodquality ofanemployeeExpensesthings thatmake therunning of thebusiness goessmoothly.NetProfitprofitcalculateafterexpensededucted.Debitnoteissued byseller tobuyer forgoodsreturnedBankLoanlongtermliabilityprofit andlossaccountwhere allexpensescan befoundBankexampleof currentassetCushBarberShopeg.soletraderRevenuesadditionalincomeSourceDocumentsoriginalinformationNon-CurrentAssetsland,building,carDoubleentrysystemrecording oftransactionsCreditNoteissued bybuyer toseller forgoodsreturned.balanceoffto make theledder/accountequalCost ofGoodsSoldopeningstock +purchases -closing stockAccountingAuditorjob inaccountingDrawingsownerswithdrawmoneiesfor oneself.CurrentAssetsassetsthat areliquidTrialBalancefinancialstatementdrawn up afterdouble entryis complete.

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