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.

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