Accounting
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Asset | Resources owned by a company.
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| Liabilities | Amounts owed to creditors.
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| Stockholder's Equity | Owner's claim to resources.
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| Accounting Equation | The 3 measurement categories:
Asset = Liabilities + Stockholder's Equity
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| Revenues | Amounts earned from selling products or services to customers.
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| Expenses | The costs of providing products and services.
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| Net Income | The difference between revenues and expenses.
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| Dividens | If the corporation has positive net income, it typically will distribute to its owners, the stockholders, some of those profits in form of a cash payment.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Penningtonj
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