Gaming Quiz / Chapter 6; Chapter 7 Vocabulary

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QUIZ: Can you name the Chapter 6; Chapter 7 Vocabulary

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The length of time for which a buisness summarizes and reports financial information.
A columnar accounting form used to summarize the general ledger information needed to preopare financial statements.
A proof of the equality of debits and credits in a general ledger.
Changes recorded on a work sheet to update general ledger accounts at the end of a fiscal period.
A financial statement that reports assets, liabilities, and owners equity on a specific date is called an...
A financial Statement showing the revunue and expenses for a fiscal period is called an...
The difference between total revunue and total expenses when total revunue is greater is called..
The result that occurs when expenses exceed the income or total revenue produced for a given period of time.
Well known ethical model, the ulitarian theory, states that an ethical action is one that provides the greatest balance
Both expressions of the capitalization ratio are also referred to

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