Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
100
A person who (plans/summerizes/analyzes/interprets) accounting information
What is Accountant
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
The accounting equation can be represented as a " BLANK " account with a debit and credit side
What is T
100
Another way to show transactions is to record/prove them in a
What is Journal
200
A business selling accounting services to the general public
What is Public Accounting Firm
200
In the accounting equation the left side and right side must be
What is Equal
200
A decrease in owner's equity resulting from the operation of a business
What is Expense
200
Recorded on the LEFT side of a T account
What is Debit
200
Any Doc. that is listed with an R represents
What is Owner Investment
300
An account who is employed by a single business
What is Private Accountant
300
Anything of value that is owned
What is Asset
300
Asset taken out of a business for the owner's personal use
What is Withdrawals
300
Recorded on the right side of a T account
What is Credit
300
An expense is listed as " BLANK " in the General column and " BLANK " in the Cash column
What is " Debit " " Credit "
400
Organized summaries of a business' financial activities
What is Accounting records
400
An amount owed by a business
What is Owner's equity
400
May be prepared on any day to report information about the asset, liabilities, and owner's equity of a business
What is Balance Sheets
400
Receiving Cash from owner affects what parts on the T account
What is Cash and Owner's Equity
400
The title of the first column of the second page of a journal entry
What is Brought Forward
500
The principals of right and wrong that guide an individual in making decisions
What is Ethics
500
The accounting equation
What is Assets=Liabilities+Owner's Equity
500
Assets include
What is Cash, Supplies, Prepaid Insurance
500
Both sides of the T account must be
What is Equal
500
You have to put this for each journal entry before the title
What is Date
M
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