accounting basics word scramble questions

Dr. D. Y. Patil Pratishthan's Padmashree Dr. D. Y. Patil Institute of MBA Accounting Basics Word Scramble Questions Sunday, July 17, 2022 Name: _____________________________________________________ Score _________ 1. The process of communicating financial information to people outside of an organization. NILCFNAIA NCUCATIGON 2. The expanded accounting equation includes revenues, expenses, common stock, dividends, paid in capital, and ________. SRYRTAUE CKTOS 3. Resource accounts with the same balance as expenses. SSTAES 4. A formula used to compute and balance double entry accounting. GCTAUNCNOI EQOTIUAN 5. Unearned revenues are what type of account? LSAEIBIIILT 6. Paid in capital is what type of account? ITYQEU 7. What do journal entries record? ESBNUISS NATTNISROSCA 8. The concept that debits will always equal credits. LEDBOU TRNEY ONCTIUNGCA 9. A record or document that contains account summaries for accounts used by a company. ABD 2015 Page 1

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Dr. D. Y. Patil Pratishthan'sPadmashree Dr. D. Y. Patil Institute of MBAAccounting Basics Word Scramble QuestionsMonday, August 10, 2015Name: _____________________________________________________Score _________1. The process of communicating financial information to people outside of an organization.NI!"N#I# N!$!#TI%&N'. The e(panded accounting e)uation includes re*enues+ e(penses+ common stoc,+ di*idends+ paid in capital+ and ________.S-Y-T#$. !/T&S0. -esource accounts 1ith the same 2alance as e(penses.SST#.S3. # formula used to compute and 2alance dou2le entr4 accounting.%!T#$N!N&I .5&TI$#N6. $nearned re*enues are 1hat t4pe of account7S#.I8IIIT9. Paid in capital is 1hat t4pe of account7ITY5.$:. ;hat do . # record or document that contains account summaries for accounts used 24 a compan4.-%#.N. %D-..1?. #n account 1ith an opposite 2alance.!TN- $#&!N!TABD 2015 Page 1

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