Quickbooks
This QuickBooks feature is used to record money received from customers.
What is Receive Payment
These are the 2 ratios used to calculate liquidity
what is current and acid test ratio
The only country Named after a woman
What is St.Lucia
The First step of the 5 step detective Process
What is observe
The planet Closest to the sun
What is Mercury
This QuickBooks report shows a business's income, expenses, and net profit or loss.
What is the Profit and Loss Statement
The formula for gross profit percentage
What is gross profit/revenue x 100
The countries which share the island of hispaniola
What is Haiti And dominican Republic
The D.E.A.L.E.R acronym stands for
What is Drawing, Expenses, Assets, Liabilities, Equity, Revenue
List the 5 Oceans
This QuickBooks feature allows you to match transactions in your books with transactions shown on your bank statement.
what is Bank Reconciliation
The 4 Ratios used for Profitability
what is Gross profit Net profit markup Rate on investment
The continent with the most countries
What is africa
Liabilities+capital=Assets are an example of
what is the accounting equation
The 1st Man to walk on the moon
Who is Neil Armstrong
This account type in QuickBooks normally increases when a business sells goods or services on credit.
What is Accounts Recievables?
what is drawings
These 4 countries make up the united kingdom
England Scotland Wales Ireland
List 2 things that home insurance secures you from
(any 2)
This ancient civilization built Machu Picchu in the Andes Mountains.
who were the INcas
This QuickBooks accounting basis records income when it is earned and expenses when they are incurred, rather than only when cash changes hands.
What is Accrual Accounting
The following Information has been taken from the Income sta!ement for the year ended 31 December 2018 Of a sole trader: revenue $160 000, coot of sales $100 000, profit for the year $28 000. Wnat were the expenses for the year ended 31 December 2018?
what is 3200
This type of rock is formed when existing rocks are changed by heat, pressure, or both
What is Metamorphic rock
List 4 errors that can be made when entering data
(any 4)
This treaty, signed in 1919, formally ended the state of war between Germany and the Allied Powers after World War I.
What is the treaty of Versailles