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.

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

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Answer Key for Basics of accounting

X

Y

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

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