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.

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

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Answer Key for Basics of accounting

X

Y

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

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