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.

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

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Answer Key for Basics of accounting

X

Y

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

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