Terms in Accounting
If you were to write $190 as either $19 or $1,900, this mistake would be called a(n) ____.
What is a Slide Error
What is debit
Ruth Abrams invested $5,000 in the business.
What is Debit Cash in Bank
Credit Capital
Paid the current month's electric bill of $95.
What is a Check Stub?
This movie won film of the year at the Oscar's.
What is the Green Book?
A periodic report prepared by a business to test the equality of total debits and total credits in the ledger is called a(n) ____.
What is a trial Balance?
What part of the general journal is indented?
What is the credit part
Received $520 for professional services completed for a client.
Credit: Fees (Revenue)
Purchased $500 worth of chemicals on account from Campbell Chemical Co.
What is a invoice?
The boys and girls sectional basketball games will be played at this High School tonight?
A(n) ____ is an accounting period of twelve months ending on the last day of any month except December.
What is a fiscal year?
What is written in Doc No. in the general journal?
What is the source document number
Wrote a check for $75 in payment to the Daily News for the weekly advertisement.
Credit : Cash in Bank
Received cash from a customer on account, $120.
What is a receipt?
The Game of Thrones airs on what channel?
What is HBO? (Final Season April 14)
A(n) ____ is any type of business paper that verifies that a transaction occurred.
What is a source document?
The ledger account form used by Zip Delivery Service is a _______-column account form.
What is four?
Ruth Abrams withdrew $400 in cash for personal use.
Debit: Withdrawals
Credit: Cash in Bank
Made a $250 payment on account to Campbell Chemical Co.
What is a check stub?
This person left in the middle of the episode of the Bachelor last night.
What is Cassie?
If you meant to write $27 but wrote $72, this mistake is called a(n) ____.
What is a transposition error?
The overall balance for the Accounts Receivable account should only be written in the __________ column
Received $60 from a patient, Bret Hagen, to apply on account.
Debit :Cash in Bank
Credit: Accounts Receivable
Invested a used truck in the business; the truck is valued at $3,000.
What is a Memorandum
Name one of the three artists who sing this song.
What is Murphy Lee, Nelly, or Puff Daddy?