SKN Facts
FIRST NATIONAL HERO
Who is " Hon. Robert Llewellyn Bradshaw? "
A financial statement providing a picture of an organizations’ liabilities, assets, and shareholders’ equity at a specific moment in time
What is "Balance Sheet"
What has ten letters and starts with gas?
Automobile.
Requires companies to record the purchase of goods, services or capital assets at the price they paid for them
What is " Historical Cost Principle"
Year Mr. Kelly, CEO, got his position
What is "2014"
DESIGNER OF THE NATIONAL FLAG
WHO IS "EDRICE LEWIS"?
Refers to the money a company owes to its creditors or suppliers for goods and services purchased on credit.
What is "accounts payable"
I am easy to lift, but hard to throw. What am I?
A feather.
Requires companies to record revenue when it is earned instead of when it is collected.
What is "Revenue Recognition Principle"
Number of years TDC Financial Services has been in operation
What is "30"
A historical place where enslaved individuals and free persons could worship together. It served as a safe haven where enslaved people could find a moment of spiritual relief and a sense of community
What is "Cottle Church"
Company earnings, or profit, which a business pays to its shareholders as a reward for their investment in its equity.
What is "Dividends"
Throw away the outside and cook the inside, then eat the outside and throw away the inside. What is it?
Corn on the cob.
States that all expenses must be matched and recorded with their respective revenues in the period that they were incurred instead of when they are paid.
What is "Matching Principle"
Two car brands sold at TDC Automotive
What is "Toyota and Suzuki"
WHITE STARS IN THE NATIONAL FLAG MEANS...
WHAT IS "HOPE AND LIBERTY"
The profit businesses make after subtracting the costs related to supplying their services or making and selling their products.
What is Gross Profit
Rachel goes to the supermarket and buys 10 tomatoes. Unfortunately, on the way back home, all but 9 get ruined. How many tomatoes are left in a good condition?
9.
Limits the required amount of research and time to record or report financial information if the cost outweighs the benefit
What is "Cost Benefit Principle"
Old tagline and present tagline (slogan)
What is "TDC FOR SERVICE, TDC FOR QUALITY, TDC YOUR COMPANY" and " TOGETHER WE SUCCEED"
FIRST NEVISIAN CRICKETER TO BE SELECTED BY THE WEST INDIES
Who is " Elquemedo Tonito Willett"
An accounting method where revenue and expenses are recorded as they are earned, regardless of when the money is received or paid
What is "Accrual-Basis Accounting"
If you multiply this number by any other number, the answer will always be the same. What number is this?
Zero
All accounting principles and assumptions should be applied consistently from one period to the next
What is "Consistency principle"
First CEO of the Company
Who is "Mr. Warren C Tyson"