Soletraderone manbusinessIncomeStatementanotherwordfor TPLDoubleentrysystemrecording oftransactionsDrawingsownerswithdrawmoneiesfor oneself.Debit forevery____there is acrditGrossProfitsales -COGS2-20# personsin apartnershiptradingaccountCOGS,grossprofit arecalculated.NetProfitprofitcalculateafterexpensededucted.honestgoodquality ofanemployeeFinancialStatementsend ofyeardocumentsSixstages inaccountingcycleReceiptissued whenpaymentmade bycashStealingbadbehaviorAccountingCyclestages ofhowaccountingoperatedBankLoanlongtermliabilityCushBarberShopeg.soletraderLandexampleof non-currentassetCreditin doubleentry theremust be adebit andTrialBalancefinancialstatementdrawn up afterdouble entryis complete.Expensesthings thatmake therunning of thebusiness goessmoothly.Cost ofGoodsSoldopeningstock +purchases -closing stockAccountingDebitnoteissued byseller tobuyer forgoodsreturnedBankexampleof currentassetbalanceoffto make theledder/accountequalCurrentAssetsassetsthat areliquidEthicsbehaviorofindividualsFivesectionsof BalaneSheetAccountsReceivablescreditcustomersBankOverdraftsmallloan/ typeof currentliabilitiesAuditorjob inaccountingCapitalmoneyinvestedinto abusinessalwayscreditsales,revenues,capital,liabilities whattype of balanceAccountsPayablessuppliersTwosectionsof TPLCareersjobs/professionRevenuesadditionalincomeBookkeepingrecordkeepingSourceDocumentsoriginalinformationNon-CurrentAssetsland,building,caralwaysdebitedassets,expenses,purchasesprofit andlossaccountwhere allexpensescan befoundCreditNoteissued bybuyer toseller forgoodsreturned.Soletraderone manbusinessIncomeStatementanotherwordfor TPLDoubleentrysystemrecording oftransactionsDrawingsownerswithdrawmoneiesfor oneself.Debitforevery____there is acrditGrossProfitsales -COGS2-20# personsin apartnershiptradingaccountCOGS,grossprofit arecalculated.NetProfitprofitcalculateafterexpensededucted.honestgoodquality ofanemployeeFinancialStatementsend ofyeardocumentsSixstages inaccountingcycleReceiptissued whenpaymentmade bycashStealingbadbehaviorAccountingCyclestages ofhowaccountingoperatedBankLoanlongtermliabilityCushBarberShopeg.soletraderLandexampleof non-currentassetCreditin doubleentry theremust be adebit andTrialBalancefinancialstatementdrawn up afterdouble entryis complete.Expensesthings thatmake therunning of thebusiness goessmoothly.Cost ofGoodsSoldopeningstock +purchases -closing stockAccountingDebitnoteissued byseller tobuyer forgoodsreturnedBankexampleof currentassetbalanceoffto make theledder/accountequalCurrentAssetsassetsthat areliquidEthicsbehaviorofindividualsFivesectionsof BalaneSheetAccountsReceivablescreditcustomersBankOverdraftsmallloan/ typeof currentliabilitiesAuditorjob inaccountingCapitalmoneyinvestedinto abusinessalwayscreditsales,revenues,capital,liabilities whattype of balanceAccountsPayablessuppliersTwosectionsof TPLCareersjobs/professionRevenuesadditionalincomeBookkeepingrecordkeepingSourceDocumentsoriginalinformationNon-CurrentAssetsland,building,caralwaysdebitedassets,expenses,purchasesprofit andlossaccountwhere allexpensescan befoundCreditNoteissued bybuyer toseller forgoodsreturned.

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