VOCAB
TYPES OF ACCOUNTS
JESUS PODGE
STEPS OF ACCOUNTING CYCLE
FUN TIMES !
100
Money that investors, banks, or business owners supply
What is Capital
100
Property or Items of value owned by business.
What are Assets
100
shows all the accounts
What is chart of accounts
100
First Step in the Accounting Cycle
What is Collect and verify source documents?
100
how old is jesus
What is idk
200
Business that buys finished products and resells them
What is Merchandising Business
200
account that contains accounts payable
What is liabilities?
200
the number of the accounts is the
What is account number
200
Step 3 of the Accounting Cycle
What is Journalize each transaction?
200
what does wwad stand for
What is what would allah do
300
Legal Permission
What is a Charter
300
claims to the assets of the business
What is Owners Equity
300
How many columns is there in a worksheet?
What is 6
300
How many steps are in the Accounting Cycle
What is 9?
300
how many kids does jesus have and what are their names
What is 4, pedro jorge maria and sanchez
400
Generally Accepted Accounting Principles
What is GAAP
400
Accounts for a certain period of time that change
What is Temporary Accounts
400
What goes in the heading in a worksheet?
What is Name of Business, worksheet, and period
400
Which step do you prepare a worksheet in?
What is step 6?
400
what is yesterdays today ?
What is there is no logical answer to this
500
When two digits within the an amount are accidentally reversed
What is transposition error.
500
Continuous from one period to the next
What is Permanent Accounts?
500
Last step in journal
What is determine net income or loss
500
In which step do you prepare a post-closing trial balance
What is step 9?
500
this is free points, what is this class called
What is not accounting.
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