ch1
ch2
ch3
ch4
ch5
100
planning recording and anilazing financial info?
What is accounting
100
A services that preforms a free business
What is service business
100
What accounts are affected, and how, when cash is received from sales?
What is Assets and owners equality both are increased
100
What is the relationship between total debits and total credits in accounting records?
What is The should be balanced
100
Form of recording transactions
What is journal
200
a person who plans, summerize and analyzes, interprets accounting info
What is accountant
200
Business that is owned by one person
What is proprietorship
200
What must be true of the accounting equation after each transaction is recorded?
What is Both sides must be equal
200
What is the normal balance side of an asset account? Of a liability account? Of a capital account? Assets is the left side , liabilities is the
What is right side and capital account
300
a person who records accounting records
What is accounting clerk
300
Anything value to the owner
What is asset
300
Which asset is normally withdrawn by an owner for personal use?
What is Cash
300
What basic accounting device is used to help analyze transactions?
What is T account
400
a person who does genral kinds of office task
What is genral office clerk
400
Financial right to owners asset
What is equality
400
What transactions decrease owner’s equity?
What is A decresed in an expense
400
What determines which side of a T account will be the normal balance side?
What is Location of the account in the accounting equation
500
most accounts must earn
What is CPA
500
What accounts are affected, and how, when an owner withdraws $200.00 for personal use?
What is Assets and OE both are decreased
500
On which sides of a T account are increases and decreases recorded for asset account?
What is Assets is the left side liabilities and capital accounts are on the right side
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