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.

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

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

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