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.

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

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Answer Key for Basics of accounting

X

Y

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

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