Balance Sheet
This is the basic accounting equation: Assets = Liabilities + ___
Equity
This what IRA stands for.
Individual Retirement Arrangement.
This city is known as the Big Apple.
New York City
This wall divided a German city during the Cold War.
Berlin Wall
This is the number of points earned for a touchdown in the NFL.
6
Cash, inventory, and equipment are examples of this category.
Assets
Difference between Roth and Traditional retirement assets.
Roth: Withdrawals in retirement are generally tax-free.
Trad: Withdrawals in retirement are generally taxed.
This is the capital of Canada.
Ottawa
This U.S. president issued the Emancipation Proclamation.
Abraham Lincoln.
This international sporting event is held every four years and features athletes from around the world.
The Olympics
This is an asset that is expected to provide value for more than one year.
Long-Term Asset
Give an example of a fixed expense.
Rent, car, insurance, phone, internet, membership, etc.
- Same amount every month.
This is the center of an atom.
Nucleus
Name the houses at Hogwarts School of Witchcraft and Wizardry.
Slytherin, Hufflepuff, Gryffindor, Ravenclaw
This is a word that describes a noun.
Adjective
This is a type of asset that does not have a physical form (patent or trademark).
Intangible Asset
This is an employer-sponsored retirement account.
401(k), 403(b), pension
This gas makes up most of Earth's atmosphere.
Nitrogen
This singer was known as the "King of Pop".
Michael Jackson
This is the largest species of big cat.
Tiger
If a company has $100,000 in assets, $20,000 in equity, this is its equity.
$80,000
This is money you spend on things that you do not necessarily need.
Discretionary.
This is the closest star to Earth.
Sun
This country is famous for Sumo Wrestling.
Japan
This is the only mammal capable of true sustained flight.
Bat