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.

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

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Answer Key for Basics of accounting

X

Y

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

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