BusinessEthicsTheprinciplesof rightand wrongStockholderThe ownerof sharesin abusiness2/102% discountif paid within10 days ofthe invoicedateIncomeStatementFinancialdocumentshowingRevenue andExpensesCreditlimitThe maximumoutstandingbalanceallowed to acustomer by avendor.MerchandisingBusinessA businessthat sellsproductsfor profitScheduleofAccountsPayableA list of vendoraccounts,balances, andtotal amountowing to allvendorsOWNER'SEQUITYTheowner'sshare in thebusinessTermsof saleAn agreementbetween abuyer andseller aboutpayment formerchandiseExpenseMoney paidto operatethebusinessOwner'sEquityAmountremainingafter Assets- LiabilitiesACCOUNTINGThe financialprocess torecordingmoneytransactionsMerchandiseInventoryThe goods abusiness hason hand forsale tocustomersFinancialStatementsFinancialRecords ofbusinessactivityPurchasesThe accountused whenbuyingmerchandise Debit &CreditTransactionsneed at leastone of EACHof thesen/30No discount,must be paidwithin 30days of theinvoice dateLedgersA group ofaccountsand theirtotalsFinancialAccountingBookkeeping inabusinessRevenueMoneyearned inbusinessManagerialAccountingThemanagement& decisionmaking inbusinessBalanceSheetFinancialdocumentshowingAssets, Liab& OELiabilityAnamountowedASSETSItemsthat areOwnedPartnershipTwo or morepersonscombinetheirassets/skillFINANCIALSTATEMENTReport thatsummariesthe financialcondition ofa businessAccountingEquationAssets= Liab+ OEAccountsPayableAmount tobe paid inthe futureGAAPTheacceptedAccountingprincipalsCAPITALThe owner'sInvestmentinto thebusinessVendorA businessfrom whichmerchandiseor other assetsare purchasedWITHDRAWALSomethinghas beentaken out ofthe businessACCOUNTBALANCETotal oftheaccountACCOUNTTITLEInformationat the top ofeachfinancialstatementAccountsReceivableAmounts tobe receivedin future dueto sale ofgoodsInvoiceA sourcedocument forrecording apurchase onaccountSoleProprietorA businessowned byonepersonJournalizingRecordingtransactionsin a journalTransactionAny businessactivity thatchangesassets, liabilityor Owner'sEquityBusinessEthicsTheprinciplesof rightand wrongStockholderThe ownerof sharesin abusiness2/102% discountif paid within10 days ofthe invoicedateIncomeStatementFinancialdocumentshowingRevenue andExpensesCreditlimitThe maximumoutstandingbalanceallowed to acustomer by avendor.MerchandisingBusinessA businessthat sellsproductsfor profitScheduleofAccountsPayableA list of vendoraccounts,balances, andtotal amountowing to allvendorsOWNER'SEQUITYTheowner'sshare in thebusinessTermsof saleAn agreementbetween abuyer andseller aboutpayment formerchandiseExpenseMoney paidto operatethebusinessOwner'sEquityAmountremainingafter Assets- LiabilitiesACCOUNTINGThe financialprocess torecordingmoneytransactionsMerchandiseInventoryThe goods abusiness hason hand forsale tocustomersFinancialStatementsFinancialRecords ofbusinessactivityPurchasesThe accountused whenbuyingmerchandise Debit &CreditTransactionsneed at leastone of EACHof thesen/30No discount,must be paidwithin 30days of theinvoice dateLedgersA group ofaccountsand theirtotalsFinancialAccountingBookkeeping inabusinessRevenueMoneyearned inbusinessManagerialAccountingThemanagement& decisionmaking inbusinessBalanceSheetFinancialdocumentshowingAssets, Liab& OELiabilityAnamountowedASSETSItemsthat areOwnedPartnershipTwo or morepersonscombinetheirassets/skillFINANCIALSTATEMENTReport thatsummariesthe financialcondition ofa businessAccountingEquationAssets= Liab+ OEAccountsPayableAmount tobe paid inthe futureGAAPTheacceptedAccountingprincipalsCAPITALThe owner'sInvestmentinto thebusinessVendorA businessfrom whichmerchandiseor other assetsare purchasedWITHDRAWALSomethinghas beentaken out ofthe businessACCOUNTBALANCETotal oftheaccountACCOUNTTITLEInformationat the top ofeachfinancialstatementAccountsReceivableAmounts tobe receivedin future dueto sale ofgoodsInvoiceA sourcedocument forrecording apurchase onaccountSoleProprietorA businessowned byonepersonJournalizingRecordingtransactionsin a journalTransactionAny businessactivity thatchangesassets, liabilityor Owner'sEquity

Accounting - 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. The principles of right and wrong
    Business Ethics
  2. The owner of shares in a business
    Stockholder
  3. 2% discount if paid within 10 days of the invoice date
    2/10
  4. Financial document showing Revenue and Expenses
    Income Statement
  5. The maximum outstanding balance allowed to a customer by a vendor.
    Credit limit
  6. A business that sells products for profit
    Merchandising Business
  7. A list of vendor accounts, balances, and total amount owing to all vendors
    Schedule of Accounts Payable
  8. The owner's share in the business
    OWNER'S EQUITY
  9. An agreement between a buyer and seller about payment for merchandise
    Terms of sale
  10. Money paid to operate the business
    Expense
  11. Amount remaining after Assets - Liabilities
    Owner's Equity
  12. The financial process to recording money transactions
    ACCOUNTING
  13. The goods a business has on hand for sale to customers
    Merchandise Inventory
  14. Financial Records of business activity
    Financial Statements
  15. The account used when buying merchandise
    Purchases
  16. Transactions need at least one of EACH of these
    Debit & Credit
  17. No discount, must be paid within 30 days of the invoice date
    n/30
  18. A group of accounts and their totals
    Ledgers
  19. Book keeping in a business
    Financial Accounting
  20. Money earned in business
    Revenue
  21. The management & decision making in business
    Managerial Accounting
  22. Financial document showing Assets, Liab & OE
    Balance Sheet
  23. An amount owed
    Liability
  24. Items that are Owned
    ASSETS
  25. Two or more persons combine their assets/skill
    Partnership
  26. Report that summaries the financial condition of a business
    FINANCIAL STATEMENT
  27. Assets = Liab + OE
    Accounting Equation
  28. Amount to be paid in the future
    Accounts Payable
  29. The accepted Accounting principals
    GAAP
  30. The owner's Investment into the business
    CAPITAL
  31. A business from which merchandise or other assets are purchased
    Vendor
  32. Something has been taken out of the business
    WITHDRAWAL
  33. Total of the account
    ACCOUNT BALANCE
  34. Information at the top of each financial statement
    ACCOUNT TITLE
  35. Amounts to be received in future due to sale of goods
    Accounts Receivable
  36. A source document for recording a purchase on account
    Invoice
  37. A business owned by one person
    Sole Proprietor
  38. Recording transactions in a journal
    Journalizing
  39. Any business activity that changes assets, liability or Owner's Equity
    Transaction