Ch.1
Ch.2
Ch.3
Ch.4
Ch.5
100
Person who plans, summarizes, analyzes, and interprets accounting information.
What is an accountant.
100
Financial rights to the assets of a business.
What are equities.
100
An increase in owner's equity resulting from the operation of a business.
What is revenue.
100
The left side of a T account.
What is the debit side.
100
business paper from which information is obtained for a journal entry.
What is a source document.
200
Planning, recording, analyzing, and interpreting financial information.
What is accounting.
200
Amount owed by a business.
What are liabilities.
200
A decrease in owner's equity resulting from the operation of a business.
What is an expense.
200
Each side of the T account must always be this.
What is equal.
200
a business form giving written acknowledgment for cash recieved.
What is a receipt.
300
Person who does general accounting work plus some summarizing and analyzing of accounting information.
What is a bookkeeper.
300
Business activity that changes assets, liabilities, or owner's equity.
What is a transaction.
300
Classification of cash, supplies, and prepaid insurance.
What are assets.
300
Right side of the T account.
What is the credit side.
300
A form on which a brief message is written describing a transaction.
What is a memorandum.
400
Principles of right and wrong that guide an individual in making decisions.
What is ethics.
400
Side of accounting equation that assets go on.
What is the left.
400

Capital is under this classification.

What is owner's equity.

400
Accounts that is affected when you receive cash.
What is asset (cash).
400
Put as the very last account title for the first page.
What is carried forward.
500
Accountant who is employed by a single business.
What is a private accountant.
500
Side of the accounting equation that Owner's Equity goes on.
What is the right.
500
Assets taken out of a business for the owner's personal use.
What are withdrawals.
500
account that reduces a related account on a financial statement.
What is contra account.
500
Put for the account title on the second page.
What is brought forward.
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