voc for mid-term test
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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| a record summarizing all the information pertaining to a single item in the accounting equation | show 🗑
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| show | account ballance
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| the name given to an account | show 🗑
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| planning,recording, analyzing, and interpreting financial information | show 🗑
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| show | accounting equation
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| organized summaries of a business's financial information | show 🗑
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| show | accounting system
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| show | asset
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| show | business ethics
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| the account used to summarize the owner's equity in a business | show 🗑
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| financial rights to the assets of a business | show 🗑
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| show | ethics
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| show | expense
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| show | finanicial statements
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| an amount owed by a business | show 🗑
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| the amount remaining after the value of all liabilities is subtracted from the value of all assets | show 🗑
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| a business owned by one person | show 🗑
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| an increase in owner's equity resulting from the operation of a business | show 🗑
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| show | sale on account
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| a business that performs an activity for a fee | show 🗑
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| show | transaction
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| show | withdrawals
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| show | chart of accounts
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| an amount recorded o nthe right side of a T account | show 🗑
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| an amount recorded on the left side of a T account | show 🗑
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| show | normal ballance
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| an accounting device ysed to analyze transactions | show 🗑
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| a business form ordering a bank to pay cash from a bank account | show 🗑
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| the recording of debit and credit parts of a transaction | show 🗑
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| show | entry
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| a journal with two amount columns in which all kinds of entries can be recorded | show 🗑
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| show | invoice
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| a form for recording transactions in chronological order | show 🗑
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| recording transactions in a journal | show 🗑
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| show | memorandum
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| show | receipt
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| show | sales invoice
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| a business paper from which information is obtained for a journal entry | show 🗑
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| the number assigned to an account | show 🗑
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| a journal entry made to correct an error in the ledger | show 🗑
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| show | file maintenance
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| show | general ledger
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| show | ledger
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| show | opening an account
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| show | posting
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| determinig that the amount of cash agrees with the balance of the cash account in the accounting records | show 🗑
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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:
tori22
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