SKN Facts
Accounting Terms
Riddles
Accounting Principles
TDC Facts
100

FIRST NATIONAL HERO 

Who is " Hon. Robert Llewellyn Bradshaw? " 

100

A financial statement providing a picture of an organizations’ liabilities, assets, and shareholders’ equity at a specific moment in time

What is "Balance Sheet"

100

What has ten letters and starts with gas?

Automobile.

100

Requires companies to record the purchase of goods, services or capital assets at the price they paid for them

What is " Historical Cost Principle" 

100

Year Mr. Kelly, CEO, got his position

What is "2014" 

200

DESIGNER OF THE NATIONAL FLAG 

WHO IS "EDRICE LEWIS"?

200

Refers to the money a company owes to its creditors or suppliers for goods and services purchased on credit.

What is "accounts payable" 

200

I am easy to lift, but hard to throw. What am I?

A feather.

200

Requires companies to record revenue when it is earned instead of when it is collected. 

What is "Revenue Recognition Principle" 

200

Number of years TDC Financial Services has been in operation 

What is "30"

300

A historical place where enslaved individuals and free persons could worship together. It served as a safe haven where enslaved people could find a moment of spiritual relief and a sense of community

What is "Cottle Church" 

300

Company earnings, or profit, which a business pays to its shareholders as a reward for their investment in its equity.

What is "Dividends"

300

Throw away the outside and cook the inside, then eat the outside and throw away the inside. What is it?

Corn on the cob.

300

States that all expenses must be matched and recorded with their respective revenues in the period that they were incurred instead of when they are paid. 

What is "Matching Principle" 

300

Two car brands sold at TDC Automotive 

What is "Toyota and Suzuki"

400

WHITE STARS IN THE NATIONAL FLAG MEANS...

WHAT IS "HOPE AND LIBERTY" 

400

The profit businesses make after subtracting the costs related to supplying their services or making and selling their products.

What is Gross Profit 

400

Rachel goes to the supermarket and buys 10 tomatoes. Unfortunately, on the way back home, all but 9 get ruined. How many tomatoes are left in a good condition?

9.

400

Limits the required amount of research and time to record or report financial information if the cost outweighs the benefit

What is "Cost Benefit Principle"

400

Old tagline and present tagline (slogan)

What is "TDC FOR SERVICE, TDC FOR QUALITY, TDC YOUR COMPANY" and " TOGETHER WE SUCCEED"

500

FIRST NEVISIAN CRICKETER TO BE SELECTED BY THE WEST INDIES 

Who is " Elquemedo Tonito Willett"

500

An accounting method where revenue and expenses are recorded as they are earned, regardless of when the money is received or paid

What is "Accrual-Basis Accounting"

500

If you multiply this number by any other number, the answer will always be the same. What number is this?

Zero

500

All accounting principles and assumptions should be applied consistently from one period to the next 

What is "Consistency principle"

500

First CEO of the Company 

Who is "Mr. Warren C Tyson"