accounting quiz
Help!
|
|
||||
|---|---|---|---|---|---|
| adjustments | changes recorded to updatae general ledger accounts at the end of a fiscal period
🗑
|
||||
| balance sheet | financial statement that reports assets, liabilities, and OE on a specific date
🗑
|
||||
| Income statement | A financial statement showing the revenue and expenses for a fiscal period
🗑
|
||||
| Net Income | Difference between total revenue and total expenses when total revenue is greater
🗑
|
||||
| Net loss | When the total revenue is less than the total expenses
🗑
|
||||
| Stakeholders | People who will be affected by an action
🗑
|
||||
| Component percentage | the percentage relationship between one financial statement item and the total that includes that item
🗑
|
||||
| fiscal period | length of time for which a business summarizes and reports financial information is called
🗑
|
||||
| Work sheet | a columnar accounting form used to summarize the general ledger info needed to prepare financial statements is called
🗑
|
||||
| Trial balance | a proof of the equality of debits an credits in a general ledger is called
🗑
|
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.
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
Normal Size Small Size show me how
Created by:
benjaminparmley
Popular Quiz Bowl sets