Debits and Credit
Chart of Accounts
This Day in History
Utah
Current Events
100

Total Liabilities + Owners Equity equals this

What is Total Assets.

100

This account is property owned by a business.

What is an asset? 

100

On July 4, 1776 the Founding Father signed this document.

What is the Declaration of Independence

100

The only large Mountain range running east and west.

What are the Uintah Mountains

100

This famous building in France burned down in April 2019.

What is Notre Dame

200

Credentialing pays for services on a WEX card. These purchases are recorded as a ______ to a payable account. 

What is a credit? 

200

This account is a debt or obligation of the business.

What is a liability? 

200

On Day 13 of each month, this is now closed.

What is the general ledger? 

200

A large fresh water lake that is a remnant of the huge Lake Bonneville.

What is Utah Lake

200

These 2 world leaders met on June 3, 2019 and commemorated the 75th anniversary of D-Day.

Who is Queen Elizabeth and Donald Trump

300

Other Income carries this type of balance

What is a credit balance.

300

This account is an owner's financial interest in a business.

What is Owner's Equity

300

On July 4, 1776 the Founding Father signed this document.

What is the Declaration of Independence? 

300

A man made lake in northeastern Utah.

What is Flaming Gorge

300

This country suspended commitments of a nuclear deal to limit the production of uranium. 

What is Iran

400

A contra-revenue account carries this type of balance.

What is a debit balance? 

400

This account represents all the depreciation expense charged to an asset since the asset was put into service.

What is accumulated depreciation?

400

June 24, 2004

What is Ronnie's start date at CHG? 

400

Utah native and leader of a gang of criminal outlaws known as the "Wild Bunch" in the U.S. Old West.

Who is Butch Cassidy

400

After failed attempts at carrying out the Brexit negotiations with the European Union this British leader recently resigned. 

Who is Teresa May

500

A dividend paid is recognized as a _____ in Owners' Equity. 

What is a Debit. 

500

This account represents the amount of accounts receivable which management estimates will not be collectible.

What is the allowance for doubtful accounts? 

500

November 18, 2012

What is CHG's purchase accounting date from Ares and LGP?

500

This is the location of the Golden Spike that linked the Central Pacific and Union Pacific railroads in 1869

What is Promontory Point

500

The son of the Duke and Duchess of Sussex is called this. 

What is Archie Harrison

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