Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
100
Planning, recording, analyzing, and interpreting financial information.
What is accounting
100
Financial rights to the assets of a business
What is equities
100
An increase in owner's equity resulting from the operation of a business
What is revenue
100
An amount recorded on the left side of a T- account
What is debit
100
A form for recording transactions in chronological order
What is journal
200
Organized summaries of a business' financial activities
What is accounting records
200
The amount remaining after the value of all liabilities is subtracted from the value of all assets
What is Owners equity
200
A decrease in owners equity resulting from the operation of a business
What is expense
200
An amount recorded on the right side of a t - account
What is credit
200
recording transactions in a journal
What is journalizing
300
A person who plans, summarizes, analyzes, and interprets accounting information
What is accountant
300
Headings on the right side of the balancce sheet
What is Liabilities and owners equity
300
Assets taken out of a business for the owner's personal use
What is withdrawals
300
An amount recorded on the left side of a T- account
What is T - account
300
A journal amount column headed with an account title
What is special amount column
400
A person who does general kinds of office tasks,including some accounting task
What is general office clerk
400
The total on the left side of the balance sheet
What is total assets
400
A business activity that changes assets, liabilities, or owner's equity
What is transaction
400
A list of accounts used by a business
What is chart of accounts
400
A journal amount column that is not headed with an account title
What is general amount column
500
A pesron who records, sorts, and files accounting information
What is an accounting clerk
500
Total on the right side of the balance sheet
What is total liabilities and owners equity
500
Paying for cash decreases what accounts?
What is assets and owners equity
500
An account that reduces a related account on a financial statememt
What is contra account
500
A business from giving written acknowledgment for cash received
What is receipt
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