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Bookkeeping (Word Scramble)

Author:
Harold Averkamp, CPA, MBA

To see each answer, press or click on the blue "Unscramble" button. If you have difficulty answering the following questions, learn more about this topic by reading our Bookkeeping (Explanation).

1. These are entered on the left side of an account.

DEBITS TSBIED
DEBITS BDTISE

2. These are entered on the right side of an account.

CREDITS TERDCIS
CREDITS SETCRDI

3. These accounts will normally have a credit balance.

LIABILITIES ILEIIBILTAS
LIABILITIES TBAIILSILIE

4. These accounts will normally have debit balances.

ASSETS SSAEST
ASSETS TSASSE

5. The accounting or bookkeeping ___________ is Assets = Liabilities + Stockholders' Equity.

EQUATION IEAUNTOQ
EQUATION OETAIQUN

6. Sales are an example of retailers' operating __________________.

REVENUES NUESEVER
REVENUES SEVENURE

7. The credit amount in the depreciation entry is recorded in ______________ Depreciation.

ACCUMULATED EUDACALMUCT
ACCUMULATED AUCDETUALCM

8. Accounts are contained in the general ___________.

LEDGER DEGLRE
LEDGER GDELRE

9. Entries for depreciation are first written in the general ___________.

JOURNAL RNULJAO
JOURNAL JANRULO

10. These will reduce stockholders' equity.

EXPENSES SPNESXEE
EXPENSES PEESSNEX

11. The type of adjusting entry associated with a prepayment.

DEFERRAL LERRFAED
DEFERRAL RFERAEDL

12. __________ Insurance is an asset account.

PREPAID IAPERDP
PREPAID PEAPDRI

13. The type of account that is affected by the accrual of an expense.

LIABILITY TLIIBILAY
LIABILITY ITBYALIIL

14. Under _________-entry bookkeeping a transaction affects a minimum of two accounts.

DOUBLE DBEOUL
DOUBLE OBLUED

15. Internal controls include the _______________ of duties.

SEPARATION ARSTAEPOIN
SEPARATION APONRETSAI

16. A ___________-in-transit may be one of the adjustments appearing in the bank reconciliation.

DEPOSIT DOIPSTE
DEPOSIT OEPSITD

17. Another term for supplier.

VENDOR EODRNV
VENDOR DROVNE

18. One to whom money is owed.

CREDITOR CTRIREOD
CREDITOR CROTREDI

19. Bona fide invoices from suppliers that are to be paid in 30 days are reported in Accounts _______.

PAYABLE YPELBAA
PAYABLE BALAEPY

20. The ______ of accounts receivable sorts the customers' balances according to the dates due.

AGING NAIGG
AGING GNIGA
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  • Debits and Credits
  • Adjusting Entries
  • Financial Statements
  • Balance Sheet
  • Income Statement
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  • Financial Ratios
  • Bank Reconciliation
  • Accounts Receivable and Bad Debts Expense
  • Inventory and Cost of Goods Sold
  • Depreciation
  • Payroll Accounting
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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