Word Scramble for... Bookkeeping
NOTE: To see each answer, place your cursor in the middle of the cell under "Unscrambled Answer".
If you have any difficulty answering the questions, learn more about this topic by reading our mini-lectures covering introductory to Bookkeeping.
Word Clue | Answer |
Unscrambled Answer | |
1. | These are entered on the left side of an account. | STDIBE | DEBITS |
2. | These are entered on the right side of an account. | RTDSCEI | CREDITS |
3. | These accounts will normally have a credit balance. | IELATISILIB | LIABILITIES |
4. | These accounts will normally have debit balances. | TSESAS | ASSETS |
5. | Assets = Liabilities + Owner's _________. | TUQEYI | EQUITY |
6. | Sales are an example of these. | EENESVUR | REVENUES |
7. | The credit amount in the depreciation entry is recorded in ______________ Depreciation. | DTUCAMALCUE | ACCUMULATED |
8. | The accounts are contained in the general ___________. | DLRGEE | LEDGER |
9. | Entries for depreciation are first written in the general ___________. | NORLAJU | JOURNAL |
10. | These will reduce the amount of owner's equity. | NXSEEEPS | EXPENSES |
11. | A listing of the balances of all accounts is a trial _________. | CALBEAN | BALANCE |
12. | An income statement reports revenues and expenses for a specified ________ of time. | DORIPE | PERIOD |
13. | A = L + OE is the accounting __________. | UINAQETO | EQUATION |
14. | Under _________-entry accounting a transaction affects a minimum of two accounts. | UDELOB | DOUBLE |
15. | Withdrawals made by the owner of a sole proprietorship are recorded in the owner's ___________ account. | IWRGDAN | DRAWING |
16. | Expenses normally have _________ balances. | TDIBE | DEBIT |
17. | A _______ to most asset accounts will reduce the balances in those accounts. | DRICET | CREDIT |
18. | __________ accounts will likely have credit balances. | EURNEEV | REVENUE |
19. | Bona fide invoices from suppliers that are due in 30 days should be reported in Accounts ________. | YABEALP | PAYABLE |
20. | The ________ of accounts receivable sorts the customers' balances according to the dates of the sales invoices. | GINGA | AGING |
If you have any difficulty answering the questions, learn more about this topic by reading our mini-lectures covering introductory to Bookkeeping.