Miscellaneous Quiz / Accounting 1 review part 2

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Can you name the Accounting 1 review part 2?

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A good quiz should always start out with an easy question 
A columnar accounting form used to summarize the general ledger information needed to prepare financial statements?
A financial statement showing the revenue and expeneses for a fiscal period?
On a work sheet, the balance of an expense accoutn is extended to the ?
An equation showing the relationship among assets, liabilities, and owners equity?
An accounting device used to analyze transactions?
A business owned by one person?
how many people own a sole proprietorship?
Assets taken out of a business for the owner's personal use?
The amount in an account?
An increase in owners equity resulting from the operation of a business?
an amount owed by a business?
The account used to summarize the owner's equity in the business?
Journal entries recorded to update general ledger accounts at the end of a fiscal period?
Journal entries used to prepare temporary accounts for a new fiscal period?
Total shares of ownership in a corporation?
An organization with the legal rights of a person and which may be owned by many persons?
A cash discount on purchases taken by a customer?
A computer used to collect, store, and report all the information of a sales transaction?
A sale in which a credit card is used for the total amount of the sale at the time of the transaction?

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Created May 6, 2010ReportNominate
Tags:accounting, review

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