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

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Answer Key for Basics of accounting

X

Y

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

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