FinancialAccountingBookkeeping inabusiness FINANCIALSTATEMENTReport thatsummariesthe financialcondition ofa businessLiabilityAnamountowedOwner'sEquityAmountremainingafter Assets- LiabilitiesScheduleofAccountsPayableA list of vendoraccounts,balances, andtotal amountowing to allvendorsBalanceSheetFinancialdocumentshowingAssets, Liab& OEPostClosingTrialBalanceThe finalfinancialstatementproduced ina fiscal yearLedgersA group ofaccountsand theirtotalsACCOUNTBALANCETotal oftheaccountPurchasesThe accountused whenbuyingmerchandise FinancialStatementsFinancialRecords ofbusinessactivityTransactionAny businessactivity thatchangesassets, liabilityor Owner'sEquityAccountingEquationAssets= Liab+ OEExpenseMoney paidto operatethebusinessASSETSItemsthat areOwnedAccountsReceivableAmounts tobe receivedin future dueto sale ofgoodsPartnershipTwo or morepersonscombinetheirassets/skillBusinessEthicsTheprinciplesof rightand wrongDebit &CreditTransactionsneed at leastone of EACHof theseIncomeStatementFinancialdocumentshowingRevenue andExpensesMerchandisingBusinessA businessthat sellsproductsfor profitInvoiceA sourcedocument forrecording apurchase onaccountACCOUNTINGThe financialprocess torecordingmoneytransactionsWITHDRAWALSomethinghas beentaken out ofthe businessMerchandiseInventoryThe goods abusiness hason hand forsale tocustomersManagerialAccountingThemanagement& decisionmaking inbusinessCreditlimitThe maximumoutstandingbalanceallowed to acustomer by avendor.GAAPTheacceptedAccountingprincipalsACCOUNTTITLEInformationat the top ofeachfinancialstatementVendorA businessfrom whichmerchandiseor other assetsare purchasedn/30No discount,must be paidwithin 30days of theinvoice dateStockholderThe ownerof sharesin abusinessTermsof saleAn agreementbetween abuyer andseller aboutpayment formerchandiseSoleProprietorA businessowned byonepersonCAPITALThe owner'sInvestmentinto thebusiness2/102% discountif paid within10 days ofthe invoicedateAccountsPayableAmount tobe paid inthe futureRevenueMoneyearned inbusinessJournalizingRecordingtransactionsin a journalFinancialAccountingBookkeeping inabusinessFINANCIALSTATEMENTReport thatsummariesthe financialcondition ofa businessLiabilityAnamountowedOwner'sEquityAmountremainingafter Assets- LiabilitiesScheduleofAccountsPayableA list of vendoraccounts,balances, andtotal amountowing to allvendorsBalanceSheetFinancialdocumentshowingAssets, Liab& OEPostClosingTrialBalanceThe finalfinancialstatementproduced ina fiscal yearLedgersA group ofaccountsand theirtotalsACCOUNTBALANCETotal oftheaccountPurchasesThe accountused whenbuyingmerchandise FinancialStatementsFinancialRecords ofbusinessactivityTransactionAny businessactivity thatchangesassets, liabilityor Owner'sEquityAccountingEquationAssets= Liab+ OEExpenseMoney paidto operatethebusinessASSETSItemsthat areOwnedAccountsReceivableAmounts tobe receivedin future dueto sale ofgoodsPartnershipTwo or morepersonscombinetheirassets/skillBusinessEthicsTheprinciplesof rightand wrongDebit &CreditTransactionsneed at leastone of EACHof theseIncomeStatementFinancialdocumentshowingRevenue andExpensesMerchandisingBusinessA businessthat sellsproductsfor profitInvoiceA sourcedocument forrecording apurchase onaccountACCOUNTINGThe financialprocess torecordingmoneytransactionsWITHDRAWALSomethinghas beentaken out ofthe businessMerchandiseInventoryThe goods abusiness hason hand forsale tocustomersManagerialAccountingThemanagement& decisionmaking inbusinessCreditlimitThe maximumoutstandingbalanceallowed to acustomer by avendor.GAAPTheacceptedAccountingprincipalsACCOUNTTITLEInformationat the top ofeachfinancialstatementVendorA businessfrom whichmerchandiseor other assetsare purchasedn/30No discount,must be paidwithin 30days of theinvoice dateStockholderThe ownerof sharesin abusinessTermsof saleAn agreementbetween abuyer andseller aboutpayment formerchandiseSoleProprietorA businessowned byonepersonCAPITALThe owner'sInvestmentinto thebusiness2/102% discountif paid within10 days ofthe invoicedateAccountsPayableAmount tobe paid inthe futureRevenueMoneyearned inbusinessJournalizingRecordingtransactionsin a journal

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