Accounting Glossary
How Well Do You Know The Accounting Language ?
No matter what career or skill you are pursuing, you need to learn the language made up of the terms, acronyms, and abbreviations. Accounting and bookkeeping is no different. Accounting is the language of business. In order to pursue an accounting or bookkeeping career, knowledge of the terminology is a must. In addition, in order to discuss and understand your business with your accountant, bookkeeper, banker, or other business associates you need to be familiar with basic accounting and bookkeeping terms. No, you don't have to know all the terminology but at least the basic terms.
Bookkeeping Word Scramble Game 1
Test your knowledge of bookkeeping terms by unscrambling the words .In this game, the letters are shuffled randomly, and you've to find the correct word using those letters within 30 seconds. To make this bookkeeping word scramble game easier for you, there is a hint of the bookkeeping term too. If you get a 10 score you will win the game and if the timer is finished you loss the game.
Bookkeeping Word Scramble Game 1
Bookkeeping Word Scramble Game 2
Test your knowledge of bookkeeping terms again by unscrambling the words This is tougher ! No hints are provided. I have;however, provided you with a list below of the terms used in the game.
Words Used In Game: 'accounting', 'bookkeeping', 'asset', 'liability', 'debit', 'accounts payable', 'credit', 'equity', 'double entry', 'invoice', 'cash', 'break even', 'bookkeeper', 'accountant', 'accrual', 'depreciation', 'amortization', 'short term', 'long term', 'balance sheet', 'profit', 'income statement', 'cash flow', 'loss',
'source document', 'transaction', 'double entry', 'budget', 'equipment', 'trial balance', 'journal', 'ledger', 'payroll', 'corporation', 'partnership', 'sales', 'expense', 'revenue', 'cost', 'creditor', 'customer', 'account', 'accounting equation', 'capital', 'cash basis', 'stock', 'inventory', 'discount', 'net income', 'bottom line', 'loan', 'posting', 'work sheets'
A glossary (dictionary) of common accounting and bookkeeping terms is provided to aid you in understanding accounting and bookkeeping terminology. A PDF Version of the glossary is also provided to download for those wanting a "hard copy". In addition, a test is provided to test your knowledge of accounting terms.
Additional Help for understanding accounting and bookkeeping terminology.
Bean Counter's YouTube Accounting & Bookkeeping Terms Videos