Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
100
Planning, recording, analyzing, and interpreting financial information
What is accounting
100
A business owned by one person
What is Proprietorships
100
On the left side of the accounting equation
What side is Assets on?
100
An accounting device used to analyze transactions
What is T account
100
A journal amount column headed with an account title
What is Special amount column
200
A planned process for providing financial information that will be useful to management
What is accounting system
200
Anything of value that is owned
What is an asset
200
On the right side of the accounting equation
What is Liabilities and Owners Equity
200
An amount recorded on the left side of a T account
What is Debit
200
A business paper from which information is obtained for a journal entry
What is Source Document
300
A person who plans, summarizes, analyzes, and interprets accounting information
What is an accountant
300
Financial rights to the assets of a business
What are Equities
300
An increase in owners equity resulting from the operation of a business
What is Revenue
300
The amount recorded on the right side of a T account
What is Credit
300
A form on which a brief message is written describing a transaction
What is Memorandum
400
The principles of right and wrong that guide an individual in making decisions
What are ethics
400
An amount owned by a business
What is Liabilities
400
A decrease in owner's equity resulting from the operation of a business
What is Expense
400
An account that reduces a related account on a financial statement
What is Contra Account
400
A business form ordering a bank to pay cash from a bank accound
What is Check
500
The principles of right and wrong that guide an individual in making decisions
What is Business Ethics
500
A business activity that changes assets, liabilities, or owners equity
What is a transaction
500
assets taken out of a business for the owners person use
What is Withdrawls
500
Account that is affected when you recieve cash
What is Asset (cash)
500
A business form giving written acknowledgement for cash recieved
What is Receipt
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