Which Step Am I?
This is where I collect all of my source documents
What is the 1st step? What is collecting and verifying source documents?
This is a report used to analyze the movement of cash during an accounting period
What is the cash flow statement?
This is a downward trend in the stock market
What is a bear market?
This item is never depreciated
What is land?
This is the name of my cat
What is Apollo?
This is where I pull out the important numbers
What is the 4th step- posting to the general ledger?
This is the amount of an asset's value that has been expensed over its useful life
What is depreciation?
This is an upward trend in the stock market
What is a bull market?
This type of depreciation takes our the majority of the depreciated cost at the beginning of an asset's life
What is accelerated depreciation?
This is my favorite food
What is fried chicken?
This where I determine what is a debit and a credit
What is analyzing transactions? What is the 2nd step?
This is used to work out where to put what accounts on certain financial statements
What is a worksheet?
This represents an investment in a company that can be traded on the open market
What is a stock?
This type of depreciation carries over the same amount over the life of the asset, with the exception of its 1st year
What is straight line depreciation?
This is where I went to college - full name
Where is San Diego State?
This is where I take all of my totals and make sure they balance
What is the 5th step - preparing the trial balance?
This is a type of depreciation that is focused on the value per unit that we need to depreciate.
What is unit of cost depreciation?
This is a portion of a company's profits that is paid to shareholders
What is a dividend?
This is the same thing as disposal value
What is salvage value?
This is where I was born
Where is Chicago?
This is what I do after I post all my closing entries
What is preparing a post-closing trial balance? What is the 9th step?
This C.L-C.A and used in our cash flow calculations
What is working capital?
This is when two companies join together to form one company
What is a merger?
This is the term used to describe the difference between the cost and the salvage value of an asset
What is the depreciable base?
This is the car I drive
What is a 2008 Hyundai Elantra?