Welcome to StudyStack, where users create FlashCards and share them with others. Click on the large flashcard to flip it over. Then click the green, red, or yellow box to move the current card to that box. Below the flashcards are blue buttons for other activities that you can try to study the same information.
Reset Password Free Sign Up

Free flashcards for serious fun studying. Create your own or use sets shared by other students and teachers.

Remove ads
Don't know (0)
Know (0)
remaining cards (0)
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards

Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Accouting ch 1 vocab

7th period

a record summarizing all the information pertaining to a single item in the accounting equation
the amount in an account Account balance
the name given to an account Account title:
planning, recording, analyzing, and interpreting financial information Accounting:
an equation showing the relationship among assets, liabilities, and owner’s equity Accounting equation:
organized summaries of a business’s financial activities Accounting records:
a planned process for providing financial information that will be useful to management Accounting system
anything of value that is owned Asset:
the use of ethics in making business decisions Business ethics:
the account used to summarize the owner’s equity in a business capital:
the principles of right and wrong that guide an individual in making decisions ethics:
a decrease in owner’s equity resulting from the operation of a business expense
an amount owed by a business liability:
an increase in owner’s equity resulting from the operation of a business revenue:
assets taken out of a business for the owner’s personal use withdrawals:
Created by: ashley123

bad sites Copyright ©2001-2016  StudyStack LLC   All rights reserved.