Accounting Terms
Debit or Credit?
Cash
What is Debit?
Name me one thing that occurred during the 2008 financial crisis
free answer
How many brothers were there to start the Lehman Brothers
what is 3?
1 x 0 = ?
what is 0?
the chemical formula for water
what is H2O?
The accounting equation
"____" becoming an alternative investment to prove modern banking systems had limitations
What is Creation of Cryptocurrency?
The 3 brothers emigrated from what country to the USA to begin the Lehman Brothers
what is Germany?
7 x 8 = ??
what is 56?
Brawl Stars!
The brawler is known as "the creature of the night"
What is Mortis?
GST is a acronym for
What is Goods and Services Tax?
The number of people left unemployed after the Lehman Brothers filed for bankruptcy
what is 25,000?
a financial asset that has fallen in value significantly and for which there is no longer a functioning market. Such assets cannot be sold at a price satisfactory to the holder.
What is a toxic asset?
what is 143?
Computer Chips!
Which company just announced a 10-for-1 Stock Split in June?
What is Nvidia?
Some debtors (A/R) do not pay on time or at all
Any loss due to uncollectible accounts
What is Bad Debts?
The collapse of the Lehman Brothers caused the Dow Jones Industrial average to drop it's largest single day loss since .....
What is 9/11?
the US government began the "what" program that allowed banks to sell their toxic assets and equity to strength their holdings.
What is TARP?
957 ÷ 33 = ??
what is 29?
Basketball fans!
The New York Knicks played against the Philadelphia 76ers in Round 1 of the Playoffs, what game did Tyrese Maxey score his playoff career-high 46 points?
What is Game 5?
Which G.A.P.P is this?
Assets are shown on the balance sheet at the cost of their acquisition or construction
What is Cost Principle?
The date of the Lehman Brothers collapse
What is September 15th 2008?
A loan that is meant to be offered to prospective borrowers with impaired credit records. The higher interest rate is intended to compensate the lender for accepting the greater risk in lending to such borrowers.
What is Subprime Mortgage loaning?
939 + 812 - 711 + 234 - 905 = ???
what is 369?
Eminem fans!
The latest song from his 2024 album "The death of slim shady" name.
What is Houdini?