Show:
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Chapter 5
100
Planning, recording, analyzing, and interpeting financial information?
What is accounting?
100
A business that performs an activity for a fee.
What is service business?
100
An increase in owners equity results from the operation of a business.
What is revenue?
100
An accounting device used to analyze transactions.
What is T account?
100
Recording transactions in a journal.
What is journalizing?
200
The person who does general accouting work plus some summarizing and analyzing of accoutning information
What is bookkeeper?
200
A business owned by one person.
What is proprietorship?
200
A decrease in owners equity resulting from the operation of a business.
What is expense?
200
Debit side is on this side of a Taccount.
What is left?
200
A journal amount column headed with an account title.
What is special amount column?
300
The use of personal ethnics in making business decisions
What is business ethnics?
300
Anything of value that is owned.
What is asset?
300
Assets taken out of a business for the owners personal use.
What is withdrawls?
300
What is on the right side of a T account.
What is credits?
300
A business form ordering a bank to pay cash from a bank account.
What is check?
400
Who does general kinds of office tasks.
What is general office clerk?
400
Assets= Liabilities+ owners Equity
What is accounting equation?
400
Assets are on which side of the accounting equation.
What is left?
400
List of accounts used by a business
What is chart of accounts?
400
A business form giving written acknowledement for cash recieved.
What is receipt?
500
A person who records, sorts, and files accounting information.
What is accounting clerk?
500
The accout used to summarize the owners equity in business.
What is capital?
500
Liabilities are on this side of the accounting equation.
What is right?
500
An account that reduces a related account on a financial statement.
What is contra account?
500
The five amount columns in a journal.
What is general debit, general credit,slaes credit, cash credit,cash debit?