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Business English Exercise | Topic: English for Accounting 1

Designed to teach you accounting, bookkeeping, and other vocabulary for financial record keeping, while polishing your grammar skills. Although it's meant for ESL students, it'll be useful to anyone who wants to practice this specialized vocabulary.

(Choose the best response for each one)

1. I __________________________ our profits for the previous accounting period.

2. Your job will be to __________________________ and maintain financial records.

3. An accounting period is a period of time over which __________________________ are calculated.

4. Accounts __________________________ refers to the money that is owed to the company by its clients/customers.

5. To accrue means to accumulate or _________________.

6. My house has _______________________ ( = increased in value) by 10% in the past 9 months.

7. I indicated all the accrued expenses on your balance _______________________.

8. These expenses are typically __________________________. ( = they occur regularly)

9. Another word for accounting is __________________________.
  money counting

10. A good accountant will help you keep _________________________of your business's finances.

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