Make an Adjustment - DR/CR
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$250 worth of supplies used up during the month.
Dr: Supplies Expense $250
Cr: Supplies $250
What is the net Gain/Loss
Total Revenue: $5,000
Total Expenses: $1,435
Net Gain: $3,565
What Viking accessory, commonly associated with their helmets in popular culture, was never actually worn by the historical Vikings?
Horns
Taylor Swift has won more Grammys than Beyonce.
Cap
Beyonce currently holds the record for most Grammys.
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Beauty and the Beast
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Adam prepaid $16,000 for insurance at the beginning of the year. His company used one month of insurance over January. (Round up to the nearest whole number)
Dr: Insurance Expense $1,334
Cr: Prepaid Rent $1,334
What is the net Gain/Loss
Total Revenue: $4,430
Total Expenses: $7,320
Net Loss: $2,890
Despite the myth, what famous historical figure was about 5'7" tall, which was average for his time?
Napoleon Bonaparte
The current NBA team with the most championships is the Los Angeles Lakers.
Cap
The Celtics have the most with 18 championships.
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Twilight
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Sarah prepaid $11,580 for a semi-annual rent contract. Her company used one month’s worth of rent in March.
Dr: Rent Expense $1930
Cr: Prepaid Rent $1930
What is the net Gain/Loss
Service Revenue: $4,430
Sales Revenue: $3,240
Total Expenses: $7,320
Net Gain: $350
What famous queen lived closer in time to the first moon landing than to the construction of the Great Pyramid of Giza?
Cleopatra
The Lion King remake in 2019 is fully animated.
Cap
Even though it's super realistic, it's completely computer animated, except for the opening scene. That scene is the only non animated scene in the entire film.
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The Hobbit
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At the beginning of the month, Charlie purchased 100 boxes at $1.50 each and 35 rolls of tape at $1.45 each. At the end of the month, there were 40 boxes and 15 rolls of tape remaining. What adjustment needs to be made for the supplies.
Dr: Supplies Expense - $119
Cr: Supplies - $119
What is the Net Gain/Loss?
Service Revenue: $4,430 - Sales Revenue: $3,240 Prepaid Rent: $4,000 - Rent Expense: $1,000 - Utility Expense: $2,305 - Insurance Expense: $3,210
Net Gain: $1,155
Where is the original London Bridge now located after it was dismantled and moved in 1967?
Lake Havasu City, Arizona
The first ever video posted on YouTube was titled "Me at the Zoo."
Fact!
It was posted by the co-founder Jawed Karim in 2005.
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Avengers: Age of Ultron
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At the beginning of the month, Emily purchased 200 pens at $2.00 each and 150 notebooks at $3.50 each. By the end of the month, 50 pens and 30 notebooks remained. The company’s accounting system uses the perpetual inventory method. What is the adjustment to be made?
Dr: Supplies Expense - $720
Cr: Supplies - $720
What is the Net Gain/Loss?
Service Revenue: $4,430 - Sales Revenue: $3,240 - Prepaid Rent: $4,000 - Rent Expense: $1,000 - Utility Expense: $2,305 - Insurance Expense: $3,210 - Depreciation Expense: $500 - Accounts Payable: $2,000
Net Gain: $655
Which country was the first to grant women the right to vote in 1893?
New Zealand
The Eiffel Tower was originally intended to be a temporary structure.
Fact!
It was meant to stand for 20 years and was almost dismantled, but it became a permanent fixture after its usefulness in radio transmission.
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Avatar (Blue People)