Chapter 1
Chapter 2
Chapter 3
Chapter 4
Accounting Trivia (x2)
100
DAILY DOUBLE Planning, recording, analyzing, and interpreting financial information.
What is accounting?
100
An amount recorded on the right side of a T account.
What is credit?
100
A business form ordering a bank to pay cash from a bank account.
What is a check?
100
The number assigned to an account.
What is the account number? (You guys should have gotten this one).
100
Similar to doctors, U.S. tax law grants accountants a limited form of this privilege.
What is accountant-client privilege?
200
The name given to an account.
What is the account title?
200
An amount recorded on the left side of a T account.
What is debit?
200
A business form giving written acknowledgment for cash received.
What is a receipt?
200
An additional journal entry, used to correct an incorrect journal entry.
What is a correcting entry?
200
Accounting has changed little since the time of these civilizations.
What is Rome and Greece?
300
The amount in an account.
What is the account balance?
300
A list of accounts used by a business.
What is a chart of accounts?
300
An invoice used as a source document for recording a sale on account.
What is a sales invoice?
300
DAILY DOUBLE Transferring information from a journal entry to a ledger account.
What is posting?
300
Accountancy's infancy dates back to this (these) countries.
What is the Sumerians in Mesopotamia or/and the Egyptian Old Kingdom?
400
Financial rights to the assets of a business.
What is equities?
400
An accounTing device used To analyze TransacTions.
What is a T account?
400
The recording of debit and credit parts of a transaction.
What is double-entry accounting?
400
Writing an account title and number on the heading of an account.
What is opening an account?
400
Simple accounting is mentioned in this religious text, in the Parable of the Talents.
What is the bible?
500
A record summarizing all the information pertaining to a single item in the accounting equation.
What is an account?
500
The side of the account that is increased.
What is the normal balance?
500
A business paper from which information is obtained for a journal entry.
What is a source document?
500
The procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current.
What is file maintenance?
500
To acquire a CPA certificate one must pass this exam.
What is the Uniform Certified Public Accountant examination?
M
e
n
u