Show:
Fixed Assets
True/False
Know Your Boss
Resource Residential
Accounts Affected
100
The file that everybody hates working in?
What is the Fixed Asset Rollforward?
100
The CMF's are due on the 12th Business Day of the month.
What is False?
100
Their phone extension is 4128.
Who is Linda Van Etten?
100
Resource Residential was founded here.
Where is Omaha, Nebraska?
100
Kayla Sheelar, owner deposited $30,000 in a checking account to start a business, Lip Gloss World
What is Kayla Sheelar, Capital and Cash in Bank
200
This GL Account has a 39 year tax life.
What is Account 1312-2900/2925?
200
Parkridge Place
What is False (Accounts receivable is how much the customer owes the business.)
200
Graduated from the University of Penn.
Who is Steve Saltzman?
200
She just became Mark Poston's boss.
Who is Stephanie Brock?
200
The owner trasferred to the business a desk and chair valued at $700
What is Kayla Sheelar, Capital and office furniture
300
This is done on a quarterly basis for some properties, but not all.
What are personal property disposals?
300
Accounts Payable is a liability
What is True
300
Steve Castiglia does this weekly task no matter what.
What is getting a haricut?
300
Integrity, Employee Engagement, Customer Focus, Fact-Based Decisions, Bias for Action, Continuous Improvement.
What are the Guiding Principles?
300
Lip Gloss world issued a check for $5000 for the purchase of a computer
What is Computer equipment and cash in bank
400
This is where the formulas are in the CapEx Report portion of the Rollforward.
What is the Orange Area?
400
A business transaction is an economic event that causes a change either an increase or decrease in assets and liabilities.
What is False (also owners equity)
400
Kayla Sheelar, Capital
What is Owners Equity
400
Kayla Sheelar, Capital Increases
What is Credit
400
Sold 4 Lip glosses for $21, the customer paid with cash
What is cash in bank and Kayla Sheelar, Capital
500
The creditor's claims to the assets of the business.
What is liabilities?
500
Income earned from the sales of goods or services is called revenue
What is True
500
Accounts Receivable
What is an Asset
500
Car Wash Equipment Decreases
What is Debit
500
Lip Gloss World wrote a check to lip gloss head quarters for the amount of $2000 for partial payment of the amount they owed them.
What is Accounts payable and cash in bank.