A World of Numbers
Weird Geography
Accounting is Fun
It's a Balancing Act
Look what I Learned!
100
Tevis Oil was founded in this year.
What is 1932?
100
This city claims to have the oldest continous Memorial Day parade in America.
What is Westminster?
100
Debits must always equal this.
What are credits?
100
This group governs the rules for U.S. accounting standards.
What is the AICPA?
100
In following the principle of conservatism, inventory is valued at the lower of these two choices.
What is cost or market?
200
This is the name for the list of all accounts possible for any transaction in the company.
What is the Chart of Accounts?
200
Owner Jack Tevis attended this state's University Dental School.
What is Maryland?
200
This statement converts accrual accounting back into cash accounting.
What the statement of cash flows?
200
This body of knowledge governs accounting practices in U.S. businesses.
What are Generally Accepted Accounting Principles?
200
This statement bridges the balance sheet and the P&L statement. Remember, it's the really short one.
What is the Statement of Owners' Equity?
300
When you subtract the liabilities from the assets, this is what remains.
What is Owners' Equity?
300
"Tevco," Tevis's first convenience store, opened in this city in 1980.
What Finksburg?
300
A financial statement that tries to predict the future.
What is a Pro Forma Statement?
300
When you owe money to Tevis, that amount is shown on the balance sheet in this account.
What is Accounts Receivable?
300
This is a measure of how fast product is moving in from warehouse to customer.
What is average inventory turnover?
400
This was the winning score in the most lopsided football game in collegiate football history.
What is 222?
400
Stanley Tevis, founder of Tevis Oil, was originally from this city. The city's football team just annihilated the hapless Redskins.
What is Philadelphia?
400
When Tevis owes money to you, this is show on the balance sheet in this account.
What is Accounts Payable?
400
When you subtract the expenses from the revenue, this is what is left.
What is net income?
400
This item in Property, Plant and Equipment is never depreciated.
What is land?
500
This is the route number where you would find the largest Jiffymart.
What is Rt. 97?
500
This Carroll County town is named after a former Supreme Court Justice, and uncle of Francis Scott Key.
What is Taneytown?
500
This is a an expression for how quickly an asset can be converted into cash.
What is liquidity?
500
This is one of Joe's favorite activities.
What is relaxing?
500
This new form is sweeping the fitness world. See Alayne for more information.
What is Zumba?
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