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Music Trivia
Debit and Credits
Chart of Accounts
Accounting Terms
Surprise Me!
100
This album is arguably considered the greatest selling album of all time.
What is Thriller?
100
The normal balance of an asset account.
What is a debit?
100
This account is property owned by a business.
What is an asset?
100
This account records the obligations owed from customers.
What is A/R?
100
This was the highest grossing movie of 2009.
What is Avatar?
200
The title of Chicago's second album.
What is Chicago II?
200
The normal balance of a liability account.
What is a credit?
200
This account is a debt or obligation of the business.
What is a liability?
200
Advanced payments of expenses are recorded to this account.
What is prepaid expense?
200
We saw this guest speaker during Week 2 on video.
Who is Aaron Beam?
300
This rap album was the first to hit #1 on the Billboard charts.
What is Licensed to Ill by the Beastie Boys?
300
The normal balance of accumulated depreciation.
What is accumulated depreciation?
300
This account is an owner's financial interest in a business.
What is equity?
300
This represents the recapture of cost over the life of an asset.
What is a depreciation?
300
This accounting firm got busted for obstruction of justice in 2000.
Who is Arthur Andersen?
400
This artist won the award for Best New Artist at the Grammy's in 2000.
Who is Christina Aguilera?
400
The normal balance of Owner's Equity.
What is a credit?
400
This account represents all the depreciation expense charged to an asset since the asset was put into service.
What is accumulated depreciation?
400
This person is usually called upon to auditor a company's books and he/she is known to hold this type of designation.
What is a CPA?
400
Name the artist that performs the following song and name the song.
Who is David Bowie and the song is Fame?
500
The real name of U2 member Bono.
Who is Paul Hewson?
500
The normal balance of revenue?
What is credit?
500
This account represents the amount of accounts receivable which management estimates will not be collectible.
What is the allowance for doubtful accounts.
500
This is the governing body that makes up the rules for GAAP.
What is FASB?
500
Taylor Swift was interrupted by this rapper during the MTV VMA awards in 2009.
Who is Kanye West?