Show:
Patience
Courage
Compassion
Initiative
Dependability
100
a business owned by one person
What is propriertorship
100
a business from which merchandise is purchased or supplies or other assets are brought
What is vendor
100
the amount of goods on hand
What is inventory
100
to gain possession by paying money or the equivalent
What is purchase
100
a business selling accounting services to the general public
What is public accounting firm
200
recording transactions in a journal
What is journalizing
200
determining that the amount of cash agrees with the accounting records
What is proving cash
200
a trial balance prepared after the closing entries are posted
What is post-closing trial balance
200
a business paper from which information is obtained for a journal entry
What is source document
200
an amount owed by a business
What is liability
300
a financial statement showing the revenue and expenses for a fiscal period
What is income statement
300
a columnar accounting form used to summarize the general ledger information needed to prepare financial statements
What is worksheet
300
may be in charge of a small cash fund, fild accounting records, type accounting reports
What is general office clerk
300
a business form giving written acknoledgement for cash received
What is receipt
300
a gain measured in money that derives from capital or labor; also the amount of such gain received by an individual in a given period of time
What is income
400
an increase in owner's equity resulting from the operation of a business
What is revenue
400
a proof of the equality of debits and credits in a general ledger
What is trial balance
400
an amount of cash kept on hand and used for making small payments
What is petty cash
400
a form on which a brief message is written describing a transaction
What is memorandum
400
a business in which two or more people combine their assets and skills
What is partnership
500
verifying that information on a bank statement and a checkbook are in agreement
What is reconciling
500
a journal amount headed with an account title
What is special amount column
500
assets taken out of a business for the owner's personal use
What is withdrawl
500
a division of a major chart of accounts which lists owner's equity accounts for a corporation
What is stockholder's equity
500
a ledger that is summarized in a single general ledger amount
What is subsidiary ledger