Accounting
What are the two most basic accounting equation?
What is
Assets = Liabilities + Owners Equity
and
Debits = Credits
What year was Goodwill established?
What is 1902?
What is 12 different countries
Why is accounting important?
What is maintaining stability, organization, help make financial decisions, and keep track of cash flow?
What are Goodwill's biggest competitors?
What is the Salvation Army and the American Red Cross?
What percent of Goodwill's money goes back to community based services?
What is more than 80%
What is financial, managerial, project, government, forensic, tax, or cost accounting
What is the definition of non profit organizations?
What is an organization whose goals do not include making personal profit?
What are the six steps of the accounting cycle?
What is
1. Analyze
2. Record in journal
3. Post in ledger
4. Adjust trial balance
5. prepare financial statement
6. Close entries