A business form that is set up legally and is owned by shareholders
What is Partnership
200
Cash in Bank , Computer Equipment, Office Furniture
What is an Asset
200
Income earned from the sales of goods and services
What is revenue/ profit
200
25,000= 5,000+
What is 20,000
200
Back to Back
What is Drake Diss record for Meek Mill
300
The total amount of money owed to a business.
What is Accounts Receivable
300
Summarized information about the financal status of a business.
What is a financial report
300
Assets
3500 , 1200, 6000
Liabilities
?
OE
10,250
What is 450
300
Popular company started in Florence, Italy in 1920. Known for leather craftsmanship and accessories. There is also a popular rapper who uses the companies moniker in his stage name.
What is Gucci
400
A person(s) that takes the risk to start a business
What is entrepreneur
400
An economic event that causes a change -either an increase or decrease- in assets , liabilities, or owners equity.
What is a business transaction
400
Accounts Payable is also known as a
What is liability
400
list total assets for the business
Ronald Hicks, Capital 15,000
AP 7,000
Cash in Bank 5,000
Office Equipment 3,000
AR 2,000
Office Equipment 12,000
What is 22,000
400
an advertising icon and mascot of the Pillsbury Company, appearing in many of their commercials.
What is Poppin Fresh
500
United Way
The Sierra Club
Boy Scouts of America
Government agencies
What is non-profit organization
500
When a business buys an item on credit it is known as
What is buying on account
500
The business or person selling you property on credit is known as the
What is a creditor
500
list the owners equity for the business
Ronald Hicks, Capital 15,000
AP 7,000
Cash in Bank 5,000
Office Equipment 3,000
AR 2,000
Office Equipment 12,000