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

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Answer Key for Basics of accounting

X

Y

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

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