Show:
The Knights Who Say "Ni!"
I'm a Lumberjack
Surprise Me, Trebek!
Sean Connery
Microwaveable Dinners
100
the day a note is issued
What is date of a note
100
the person or business who receives goods on consignment
What is consignor
100
an amount paid for the use of money for a period of time
What is interest
100
the date a note is due
What is maturity date of a note
100
the amount that is due on the maturity date of a note
What is maturity value
200
all costs incurred by a business to operate, maintain, repair, replace, or construct
What is historical costs
200
expenses incurred in one fiscal period but not paid until a later fiscal period
What is accrued expenses
200
the original cost of a plant asset minus accumulated depreciation
What is book value of a plant asset
200
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(1) using the price of merchandise purchased at first to calculate the cost of merchandise sold first (2) the difference between the balance of accounts receivable and its contra account, allowance for uncollectible accounts
200
the value of an asset determined by tax authorities for the purpose of calculating taxes
What is assessed value
300
the person or business who receives goods on consignment
What is consignee
300
analyzing accounts receiveable according to when they are due
What is aging accounts receivable
300
the number of times the average amount of accounts receivable is collected during a specified period
What is accounts receivable turnover ratio
300
the interest accrued on money borrowed
What is interest expense
300
a form used during a periodic inventory to record information about each item of merchandise on hand
What is inventory record
400
the period of time needed to sell an average amount of merchandise inventory
What is average number of days' sales in merchandising inventory
400
an item that is entered on the asset side of an accounting ledger even though the item has a credit (negative) balance
What is contra asset
400
a systematic procedure for allocating the cost of a plant asset because of the removal of a natural resource
What is depreciation
400
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(1) the difference between the balance of accounts receiveable and is contra account, allowance for uncollectible accounts (2) using the price of merchandise purchase last to calculate the cost of merchandise sold first
400
using the lower of cost or market price to calculate the cost of ending merchandise inventory
What is lower of cost or market inventory costing method
500
the estimated price at which an asset or service would pass from a willing seller to a willing buyer
What is fair market value
500
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(1) recording uncollectible accounts expenses only when an amount is actually known to be uncollectible (2) crediting the estimated value of uncollectible accounts to a contra account
500
a type of account that contains a debit balance in order to offset the liability account
What is contra liability
500
the percentage of the principal that is paid for use of the money
What is interest rate of a note
500
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(1) a note that is not paid when due (2) the decrease in the value of a plant asset because of the removal of a natural resource