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

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Answer Key for Basics of accounting

X

Y

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

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