Basics of accounting

ASSET
BUDGET
EXPENSE
INCOME
LIABILITY
LOSS
MARGIN
PROFIT
VARIANCE

Basic accounting terminologies for beginners

Try to find all 9 words on this board.

T	E	S	S	A	T	M	Y	Y
E	A	I	Z	I	A	I	T	E
S	E	Q	F	R	M	I	W	A
N	N	O	G	C	L	U	M	X
E	R	I	Y	I	P	U	X	F
P	N	R	B	U	D	G	E	T
X	V	A	R	I	A	N	C	E
E	I	N	C	O	M	E	C	H
L	O	S	S	C	E	Y	B	Z

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Answer Key for Basics of accounting

X

Y

	1	2	3	4	5	6	7	8	9
1	T	E	S	S	A	T	M	#	Y
2	E	#	#	#	I	A	#	T	#
3	S	#	#	F	R	#	I	#	#
4	N	#	O	G	#	L	#	#	#
5	E	R	I	#	I	#	#	#	#
6	P	N	#	B	U	D	G	E	T
7	X	V	A	R	I	A	N	C	E
8	E	I	N	C	O	M	E	#	#
9	L	O	S	S	#	#	#	#	#

Word	X	Y	Direction
ASSET	5	1	w
BUDGET	4	6	e
EXPENSE	1	8	n
INCOME	2	8	e
LIABILITY	5	5	ne
LOSS	1	9	e
MARGIN	7	1	sw
PROFIT	1	6	ne
VARIANCE	3	7	e