True or False
Because cash transactions occur more frequently than other transactions, the chances for making recording errors affecting cash are less.
False
Purchased Supplies, using a debit card
Supplies
- General Debit
- Cash Credit
What is the Code of Conduct
a statement that guides the ethical behavior of a company and its employees
Who wrote the classic horror novel "It"
Stephen King
Nicholas Grimes is the smartest
Obviously Not.
Paid cash on account to Alfonso Company
AP -Alfonso Company
- General Debit
- Cash Credit
What is an Endorsement
a signature or stamp on the back of a check transferring ownership
What root vegetable was traditionally used to carve Jack-O-Lanterns
Turnip
Jimaca
Sweet Potato
Turnips
TechKnow Consulting maintains a petty cash fund for making large cash payments.
False
Received notice from the bank of a dishonored check from Christopher Ikola.
Account Receivable
- General Debit
- Cash Credit
What is a Postdated check.
a check with a future date on it
Where does the Ghostbusters (1984) trio find their first ghost
New York Public Library
When the petty cash is replenished, the balance of the petty cash account increases
FALSE
Paid cash to replenish thee petty cash fund: supplies, miscellaneous expense, postage expense.
Petty cash, supplies, miscellaneous expense, postage expense
- General debit : Supplies, miscellaneous expense, postage expense
- Cash Credit total amount of the 4
What is a Bank Statement
a report of deposits, withdrawals, and bank balances sent to a depositor by a bank
What is the most disliked Halloween candy in America
Candy Corn
Not only do banks charge a fee for handling a dishonored check, but they also deduct the amount of thee check from the account as well.
True
Name all of the Endorsements and define them.
Blank endorsement – an endorsement consisting only of the endorser’s signature
Special endorsement – an endorsement indicating a new owner of a check
Restrictive endorsement – an endorsement restricting further transfer of a check’s ownership
What is Accounting
the processing of information about economic entities, such as businesses and corporations
What did Jack-O-Lanterns originate from?
- Bonus: If you can tell the myth of it.
From Irish Myths/Legends
He tricked the Devil into climbing an apple tree, then carved a cross in the trunk to trap him there. Jack would only free the Devil if he agreed to never take Jack’s soul, and so he did. When Stingy Jack finally died, he was not permitted into heaven – and the Devil wouldn’t take him. So he was forced to roam the earth, with only a carved turnip lantern to find his way, lit by an ember from Hades, now forever known as Jack of the Lantern, or, Jack O’Lantern