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Accounting Fun

A game for High School Accounting 1 students.

AB
Accounts RecievableAsset
Cash in BankAsset
Withdrawalscontra account
Accounts Payableliability
capitalmoney
sole propritorship1 person owns the business
partnership2 people own the business
journalrecord of transactions
expenseamounts payed for goods and services
owners equitypart of the accounting equation
profitrevenue
creditright
debitleft
Net lossexpenses excede revenue
Net incomerevenue excedes expenses

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