IT'S RAINING MONEY
TAXES, TAXES, and TAXES
BASIC BOOKKEEPING
IT'S US
100
This US President is on the $20 bill.
Who is Andrew Jackson?
100
Delinquent taxpayers should still file. True or False?
What is True?
100
Should business owners open a business bank account or use their personal bank account?
What is open a business bank account?
100
This is the industry of clients Michaela would most like to work with.
What is Construction & Trades?
200
If you want to find out your credit score, there are three agencies you can check with.
They are Equifax, Experian, and _______
What is TransUnion?
200
One important tax document you will need to complete the filing of your tax return is your _______, which your employer must complete and send to you by January 31st.
What is a "W-2?"
200
This is the most commonly used online software to manage and categorize the finances of a business.
What is Quickbooks?
200
Casey has season tickets for this sports team.
What is the Red Sox?
300
Americans spend an average of $117 billion each year on this.
What is fast food?
300
These are items owned that have monetary value
What are assets?
300
This report demonstrates to a business owner what they've made for income, how their expenses were spent, and how profitable they are.
What is a profit and loss statement?
300
This school is where Casey graduated from.
What is Plymouth State University?
400
A tax preparer was considered the most noble person in this ancient civilization:
1.) Carthage 2.) Egypt
3.) Greece 4.) Mesopotamia
What is Egypt?
400
Yes or No - Is Unemployment Compensation Taxable?
What is "Yes?"
400
The two main methods of bookkeeping and accounting are:
1.) the cash method
2.) the ________ method
What is accrual?
400
This is the name of Michaela's dog (shown here).
What is Rex?
500
A unicorn is a startup valued at more than $1 billion; this other mythical creature is often used to describe a startup that returns its entire fund.
What is dragon?
500
On a national level, taxes provide... (name 2 of the 6).
What are:
Salaries for Congress, Funds for National Defense, Highways, Wildlife Refuges, Welfare, and Foreign Aid
500
The account on the balance sheet that represents the amount owed for purchasing supplies on credit.
What is Accounts Payable?
500
This is the number of clients Casey and Michaela currently share.
What is 14?