Dagley Facts
He would want to be this if he were not a teacher
What is a singer?
This is used to gather and organize the information needed to build the financial statements and complete end-of-period activies.
What is the 'work sheet'?
The title of the most recent Thor movie.
What is 'Love and Thunder'?
The normal balance for an Expense account.
What is 'debit'?
His newest album has a great song named 'late night talkin'.
Who is 'Harry Styles'?
This Marvel character is his favorite
What is 'Dr. Strange'?
In order to complete the Balance Sheet, you first need to complete this financial statement to find ending capital.
What is the 'Statement of Changes in Owner's Equity'?
Thanos took the Reality Stone from this cosmic character
Who is 'The Collector'?
This is what it's called when you have more than one debit and/or credit in a transaction.
What is a 'Compound Entry'?
This is arguably the greatest rock band of all time. Think 1960's.
Who were 'The Beatles'?
He has this many children
What is 'three'?
The first step in the Accounting Cycle requires us to do this.
What is 'collect and verify source documents'?
Mekhari, Gilgamesh, and Thena are these.
Who are 'The Eternals'?
This is the normal balance for Withdrawals
What is 'debit'?
This artist has a song named after a drink made with Ginger Beer: the Moscow Mule
Who is 'Bad Bunny'?
This is how many college degrees Dagley has.
What is three?
This document will only contain permanent accounts since the temporary accounts have been closed.
What is the 'Post-closing Trial Balance'?
This character, when they stand perfectly still, thinks they become invisible (they don't).
Who is 'Drax'?
Income Summary has this as it's normal balance
What is 'it doesn't have a normal balance'
This is the greatest song ever written. Rhianna mumbles a lot in it though...
What is 'Work'?
This is what Mr. Dagley was into in the late 1990's, spending time in this 'scene' in Los Angeles. There is a movie about it starring Vince Vaughn and Jon Favereau.
What is swing dancing?
You will have this if your expenses are greater than your revenue for the period.
What is a 'Net Loss'?
This person is the main villain of Iron Man 2.
Who is 'Whiplash' or 'Ivan Vanko'?
If you have a Net Loss, you would be doing this to Income Summary on the third closing entry.
What is 'credit'?
This composer was from the classical period and was a prodigy with talent beyond anything ever seen. You can visit his home in Salzburg.
Who was 'Mozart'?