Classify this account: Cash
Asset and Debit
Accounts that are continuous from one accounting period to the next; balances are carried forward to the next period. P_____________ A_________________
Permanent Accounts
1 out of every 8 American's has been employed by this fast food place
McDonald's
Who is the tallest teacher?
Buchanan or Yeo I think
Classify this account: Accounts Receivable
Asset Debit
Accounts used to collect information that will be transferred to permanent capital accounts at the end of the accounting period. T_____________ A__________
Temporary Accounts
Rubiks Cube is the best selling product of all time, what is in 2nd?
Iphone
Which teacher was born in the Eastern Hemisphere
Mrs. Bond
Classify this account: Accounts Payable
Liability Credit
GAAP stands for
Generally Accepted Accounting Policies
Which industry has the MOST advertisements in the world?
Automobile
Which teacher drives a Prius?
Milgram
Classify this account: Fees
Expense Debit
Capital is another way of saying E_________
Equity
The biggest food service companies in the world are McDonald's, S__________, and ______________
Subway and Starbucks
Which teacher owns a 200 year old home?
Mr. Anger
Classify this account: Sales
Revenue Credit
The GAAP principle that revenue is recorded on the date it is earned even if cash has not been received. R________________ R__________________
Revenue Recognition
Which industry has the SECOND MOST advertisements in the world. C________
Cereal
What type of dog and what type of cat does Mr. Cherry own?
Husky and Siamese