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Ch.1
Ch.2
Ch.3
Ch.4
Ch.5
100
recording, analyzing, and interpreting financial information
What is Planning,
100
a financial statement that reports, assets, liabilities, and owners equity, on a specific date
What is a balance sheet
100
owners equity
a transaction for the sale of goodsor service results in an increase in _
100
an amount recorded on the left side of a T account
what is debit
100
a form of transactions in chronlogical oreder
what is a journal
200
A business selling accounting services to other businesses
What is Public accounting firm
200
left
assets are on the_ side of a balance sheet
200
an increase in owners equity resulting from the operation of a business
what is revenue
200
an amount recorded om the right side of the t account
What is credit
200
recording transactions in a journal
What is journalizing
300
An accountant who is employed by a single business
What is a Private accountant
300
right
liabilities are on the_ side of a balance sheet
300
decrease
a transaction to pay for goods/services needed to operate a business results in a _ in OE
300
basic device used to analyze the effect of transactions on accounts
What is t account
300
a journal amount column headed with an account title
What is special amount column
400
A person who does general analyzing of accounting information work plus some summarizing and analyzing of accounting information
What is Bookkeeper
400
right
owners equity is on the_ side of a balance sheet
400
a decrease in owners equity resulting from the operation of a business
what is expense
400
a list of accounts used by a buiness is a chart of accounts
what accounts are affected
400
a journalamount column that is not headed with an account title
What is general amount column
500
A person who records, sorts, and files accounting information
What is Accounting Clerk
500
make them balance
what should be done if the sides arnt equal
500
decreases
a withdrawl _ OE
500
is its decreased or increased
how is each account balance changed
500
the recording debit and credit parts of a transaction
What is double-entry accounting