Course Outline
Join PRO
Join PRO to View Coaching

Accounts Payable (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 Accounts Payable (Explanation).

1. A buyer's payable is its vendor's ___________.

RECEIVABLE LIECEBVAER
RECEIVABLE LACEIBVERE

2. Under the ___________ method of accounting a purchase on account becomes a liability when the goods are received.

ACCRUAL CUCRLAA
ACCRUAL LCARACU

3. The three-way ___________ is often used when reviewing vendor invoices.

MATCH ATCHM
MATCH AMHTC

4. Vendor invoices for repairs and maintenance are likely debited to this type of account.

EXPENSE ESPNEEX
EXPENSE NPEXEES

5. This type of order is one of the documents that is compared to a vendor invoice.

PURCHASE RCAESPUH
PURCHASE SCUEPARH

6. Many companies have a policy to pay only from vendor invoices and not from vendor ___________.

STATEMENTS SMTASNTEET
STATEMENTS ETTTSSANME

7. The type of general ledger account associated with an accrued expense.

LIABILITY YLTIIBILA
LIABILITY LLIBIIATY

8. 2/10, net 30 allows for an early payment ___________.

DISCOUNT TDOCSUNI
DISCOUNT DISUNOTC

9. The ___________ of duties is one of the principles of internal control.

SEPARATION TAENIPAORS
SEPARATION SARTAOPEIN

10. The IRS Form 1099-MISC is issued in January to this type of contractor who has provided services in the previous year.

INDEPENDENT IENPNEENTDD
INDEPENDENT ETIDEPNENDN
Access 1,800+ Premium Test Questions

Get Our Premium Accounts Payable Test Questions When You Join PRO

Receive instant access to our entire collection of premium materials, including our 1,800+ test questions.

View All PRO Features

Advance Your Accounting and Bookkeeping Career

Must Watch image

  • Perform better at your job
  • Get hired for a new position
  • Understand your small business
  • Pass your accounting class
Watch the Video
Certificates of Achievement

Earn Our Certificates of Achievement

Certificates of Achievement
  • Debits and Credits
  • Adjusting Entries
  • Financial Statements
  • Balance Sheet
  • Income Statement
  • Cash Flow Statement
  • Working Capital and Liquidity
  • Financial Ratios
  • Bank Reconciliation
  • Accounts Receivable and Bad Debts Expense
  • Depreciation
  • Payroll Accounting
View PRO Plus Features

Join PRO or PRO Plus and Get Lifetime Access to Our Premium Materials

Read all 2,651 reviews

Features

PRO

PRO Plus

Features
Lifetime Access (One-Time Fee)
Explanations
Quizzes
Q&A
Word Scrambles
Crosswords
Bookkeeping Video Training
Financial Statements Video Training
Flashcards
Visual Tutorials
Quick Tests
Quick Tests with Coaching
Cheat Sheets
Bookkeeping Study Guide
Managerial Study Guide
Business Forms
All PDF Files
Progress Tracking
Earn Badges and Points
Certificate - Debits and Credits
Certificate - Adjusting Entries
Certificate - Financial Statements
Certificate - Balance Sheet
Certificate - Income Statement
Certificate - Cash Flow Statement
Certificate - Working Capital
Certificate - Financial Ratios
Certificate - Bank Reconciliation
Certificate - Accounts Receivable and Bad Debts Expense
Certificate - Depreciation
Certificate - Payroll Accounting
Motivational Badges
Motivational Points
Medal Rankings
Activity Streaks
Custom Public Profile Page of Achievements

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.

Learn More About Harold

Read 2,651 Testimonials

Take the Tour Join Pro Upgrade to Pro Plus