L to J 66 questions NHL Themed Created by Grant Torpin Shelton Public Schools
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A Question – A record summarizing all the information pertaining to a single item in the accounting equation Answer – Account
B Question – The amount in an account Answer – Account Balance
C Question – The number assigned to an account Answer – Account
A Question – Planning, recording, analyzing, and interpreting financial information Answer – Accounting
B Question – The series of accounting activities included in recording financial information for a fiscal period Answer – Accounting Cycle
C Question – What is the accounting equation? Answer – Assets = Liabilities + OE
A Question – A subsidiary ledger containing only accounts for vendors from whom merchandise or other items are purchased on account Answer – Accounts Payable Ledger
B Question – A subsidiary ledger containing only accounts for charge customers Answer – Accounts Receivable Ledger
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