Jeopardy Template By Carl Lyman © September 2001
Jeopardy Category1Category2Category3Category
Credits That’s all folks. Exit
Category 1 $100 A=L+OE
Category 1 $100 What is the Accounting Equation?
Category 1 $200 Accounts that are set to zero for the next accounting period
Category 1 $200 What are temporary accounts?
Category 1 $300 Tool used by accountants to analyze accounts
Category 1 $300 What is a T account?
Category 1 $400 Account that keeps track of the owner’s investment in the business
Category 1 $400 What is the capital account?
Category 1 $500 Entries made to match expenses used in the period they generated revenue
Category 1 $500 What are adjusting entries?
Category 2 $100 The difference between revenues and expenses when expenses are greater
Category 2 $100 What is net loss?
Category 2 $200 The right side of a t account
Category 2 $200 What is credit?
Category 2 $300 Normal balance
Category 2 $300 What is the increase side?
Category 2 $400 The left side of a t account
Category 2 $400 What is a debit?
Category 2 $500 Accounts listed on the income statement
Category 2 $500 What are revenues and expenses?
Category 3 $100 Accounts listed on the balance sheet
Category 3 $100 What are assets, liabilities and owner’s equity?
Category 3 $200 These accounts are the only ones listed on the post-closing trial balance
Category 3 $200 What are permanent accounts?
Category 3 $300 The transaction to record a sale on account
Category 3 $300 What is a debit to A/R and a credit to sales?
Category 3 $400 The account used to close revenues and expenses into
Category 3 $400 What is income summary?
Category 3 $500 The number of closing entries
Category 3 $500 What is four?
Category 4 $100 The number of adjusting entries
Category 4 $100 What is two?
Category 4 $200 Accounts with a normal debit balance
Category 4 $200 What are assets, withdrawal, and expenses?
Category 4 $300 Accounts with normal credit balances
Category 4 $300 What are Liabilities, Owner’s Equity and Revenue?
Category 4 $400 Increase the cash account
Category 4 $400 What is a debit?
Category 4 $500 The transaction when supplies are bought on account
Category 4 $500 What is a debit to supplies and a credit to A/P?