Matching Pairs Accounting Concepts MatchOnline version Test your knowledge of accounting with this fun matching pairs game! by RAFAEL ANTONIO MARTINEZ LARGO 1 Debit 2 Assets 3 Balance Sheet 4 Income Statement 5 GAAP 6 Liabilities 7 Cash Flow Statement 8 Credit Generally Accepted Accounting Principles Resources owned by a company Entry that increases assets or expenses Summarizes a company's financial position Shows a company's financial performance Entry that increases liabilities or revenue Tracks cash inflows and outflows Obligations a company owes 1 Assets 2 Debit 3 Credit 4 Liabilities 5 GAAP 6 Cash Flow Statement 7 Proof 8 Balance Sheet 9 Income Statement Shows a company's financial performance Summarizes a company's financial position Entry that increases liabilities or revenue Generally Accepted Accounting Principles document that supports banking operations (debit or credit) Tracks cash inflows and outflows Resources owned by a company Entry that increases assets or expenses Obligations a company owes