Examples
Steps
Title Column Names
Trivia
100

If the net income for June is $1,000, and the withdrawals for June is $200, what is the increase in capital?

What is $800

100
What is the first step in the statement of owner's equity?

What is creating a title? 

100

What is supposed to go on the first row in the title column?

What is the company's name?

100

When was accounting invented

What is 1494?

200

If the net income for October is $1,500 and the withdrawals for October is $150, what is the increase in capital?

What is $1,350

200

What is the third step of the statement of owner's equity?

What is entering capital?

200

What is supposed to go on the second row in the title column?

What is statement of owner's equity?

200

Who invented accounting?

Who is Luca Pacioli

300

If the capital on July 1st was $4,000, and the increase in capital was $2,000, what is the capital is at the end of the month?

What is $6,000

300

What is the sixth step of the statement of owner's equity?

What is subtract the withdrawls from the net income

300

What is supposed to go on the third row in the title column?

What is for month ended month, date, year?

300

What is Mrs. Wempens husband's name?

What is Luke?

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