A Count
Planning, recording, analyzing, and interpreting financial information
What is ACCOUNTING?
Anything of value that is owned
What is an ASSET?
A financial statement that reports assets, liabilities, and owner's equity
What is BALANCE SHEET?
Right side
Questions that shouldn't be asked
Who is Jackson?
A record summarizing all the information pertaining to a single item in teh accounting equaiton
What is an ACCOUNT?
Money owed by a business
What is a LIABILITY?
A financial statement that shows revenue and expenses
What is INCOME STATEMENT?
Left side
What is DEBIT?
Vinny Freeman
Who is Mason or Jackson?
Mr. Sands' rapper nickname
Decrease in owner's equity
Computerized cash payment system
What is EFT?
Debit
What is LEFT SIDE?
Your favority class
What is ACCOUNTING?
Money owed by a business to its creditors
What is ACCOUNTS PAYABLE?
Increase in owner's equity
What is REVENUE?
Dogs do this
What is SNORT?
Right side
What is CREDIT?
67
What is 67?
The series of accounting activities including in recording financial information for a fiscal period
What is ACCOUNTING CYCLE?
What is
ASSETS = LIABILITIES + OE
Transferring info from a journal to a ledger
What is POSTING?
Abreviation for NSF
What is NSF?
I have an extra line
Who is JACKSON?