Show:
Chapter One
Chapter Two
Chapter Three
Chapter Four
Chapter Five
100
Planning, recording, analyzing, and interpreting financial information
What is Accounting?
100
A business owned by one person
What is a proprietorship?
100
An increase in owner's equity resulting from the operation of a business
What is revenue?
100
An accounting device used to analyze transactions
What is a T account?
100
A form for recording transactions in a chronological order
What is a journal?
200
A person who plans, summarizes, analyzes, and interprets accounting information
What is an accountant?
200
Financial rights to the assets of a business
What are equities?
200
A decrease in owner's equity resulting from the operation of a business
What is an expense?
200
An amount recorded on the left side of a T account
What is debit?
200
A journal amount column headed with an account title
What is a special amount column?
300
A person who does general accounting work plus some summarizing and analyzing of accounting information
What is a bookkeeper?
300
A business activity that changes assets, liabilities, or owner's equity
What is a transaction?
300
Assets taken out of a business for the owner's personal use
What are withdrawals?
300
An amount recorded on the right side of a T account
What is credit?
300
Information for each transaction recorded in a journal
What is an entry?
400
The use of personal ethics in making business decisions
What are business ethics?
400
The name given to an account
What is an account title?
400
Advertising, equipment rental, or repairs
What are other expense transactions?
400
An account that reduces a related account on a financial statement
What is a contra account?
400
A business form giving written acknowledgement for cash received
What is a receipt?
500
A person who does general kind of office tasks, including some accounting tasks
What is a general office clerk?
500
A financial statement that reports assets, liabilities, and owner's equity on a specific date
What is a balance sheet?
500
Revenue, Expense, and withdrawl transactions
What transactions affect owner's equity?
500
A list of accounts used by a business
What is a chart of accounts?
500
A form on which a brief messafe is written describing a transaction
What is a memorandum?