2. © Mark E. Damon - All Rights Reserved

3. Round 1 Final Jeopardy Round 2

4. © Mark E. Damon - All Rights Reserved Acct Equation T accounts Source Docs JournalPostingMisc. $100 $200 $300 $400 $500 Round 2 Final Jeopardy Scores

5. © Mark E. Damon - All Rights Reserved $100 This is an equation showing the relationship among assets, liabilities, and owner’s equity.

6. © Mark E. Damon - All Rights Reserved $100 What is the accounting equation? Scores

7. © Mark E. Damon - All Rights Reserved $200 Anything of value that is owned is known as this.

8. © Mark E. Damon - All Rights Reserved $200 What is an asset? Scores

9. © Mark E. Damon - All Rights Reserved $300 Any accounts payable account would be classified as this.

10. © Mark E. Damon - All Rights Reserved $300 What is a liability? Scores

11. © Mark E. Damon - All Rights Reserved $400 Expenses relate to this piece of the accounting equation.

12. © Mark E. Damon - All Rights Reserved $400 What is owner’s equity? Scores

13. © Mark E. Damon - All Rights Reserved $500 After any transaction, the accounting equation must do this.

14. © Mark E. Damon - All Rights Reserved $500 What is balance (equal)? Scores

15. © Mark E. Damon - All Rights Reserved $100 This is the right side of any account.

16. © Mark E. Damon - All Rights Reserved $100 What is credit? Scores

17. © Mark E. Damon - All Rights Reserved $200 This is an accounting device used to analyze transactions.

18. © Mark E. Damon - All Rights Reserved $200 What is a T account? Scores

19. © Mark E. Damon - All Rights Reserved $300 This is a listing of accounts used by a business.

20. © Mark E. Damon - All Rights Reserved $300 What is a chart of accounts? Scores

21. © Mark E. Damon - All Rights Reserved

22. $400 When paying cash on account, this is the side of the accounts payable account the amount is recorded on.

23. © Mark E. Damon - All Rights Reserved $400 What is debit? Scores

24. © Mark E. Damon - All Rights Reserved $500 This is the side of any account that increases.

25. © Mark E. Damon - All Rights Reserved $500 What is normal balance? Scores

26. © Mark E. Damon - All Rights Reserved $100 This is the source document used when the business issues a form ordering a bank to pay cash from a bank account.

27. © Mark E. Damon - All Rights Reserved $100 What is a check? Scores

28. © Mark E. Damon - All Rights Reserved $200 This is the source document used when making a sale on account.

29. © Mark E. Damon - All Rights Reserved $200 What is a sales invoice? Scores

30. © Mark E. Damon - All Rights Reserved $300 This is a source document in which a brief message is written, describing the transaction.

31. © Mark E. Damon - All Rights Reserved $300 What is a memorandum (memo)? Scores

32. © Mark E. Damon - All Rights Reserved $400 This is the source document used when purchasing supplies on account.

33. © Mark E. Damon - All Rights Reserved $400 What is a memorandum (memo)? Scores

34. © Mark E. Damon - All Rights Reserved $500 This is a business paper from which information is obtained for a journal entry.

35. © Mark E. Damon - All Rights Reserved $500 What is a source document? Scores

36. © Mark E. Damon - All Rights Reserved $100 This is a form for recording transactions in chronological order.

37. © Mark E. Damon - All Rights Reserved $100 What is a journal? Scores

38. © Mark E. Damon - All Rights Reserved $200 When paying cash for advertising, these accounts are affected and how in the journal.

39. © Mark E. Damon - All Rights Reserved $200 What is advertising expense debit and cash credit? Scores

40. © Mark E. Damon - All Rights Reserved $300 When purchasing supplies on account, these accounts are affected and how in the journal.

41. © Mark E. Damon - All Rights Reserved $300 What is supplies debit and accounts payable credit? Scores

42. © Mark E. Damon - All Rights Reserved $400 This is a business activity that changes assets, liabilities, or owner’s equity.

43. © Mark E. Damon - All Rights Reserved $400 What is a transaction? Scores

44. © Mark E. Damon - All Rights Reserved $500 When replenishing petty cash, these accounts are affected and how in the journal.

45. © Mark E. Damon - All Rights Reserved $500 What is specific accounts (such as various expenses and/or supplies) debit and cash credit? Scores

46. © Mark E. Damon - All Rights Reserved $100 This is placed under the general debit and general credit totals.

47. © Mark E. Damon - All Rights Reserved $100 What is a check mark? Scores

48. © Mark E. Damon - All Rights Reserved $200 This is placed in the Post. Ref. column for a transaction where cash is received from sales.

49. © Mark E. Damon - All Rights Reserved $200 What is check mark? Scores

50. © Mark E. Damon - All Rights Reserved $300 This is the process of transferring information from a journal to a ledger account.

51. © Mark E. Damon - All Rights Reserved $300 What is posting? Scores

52. © Mark E. Damon - All Rights Reserved $400 This is the first step in the posting process (after the account has already been opened).

53. © Mark E. Damon - All Rights Reserved $400 What is write the date? Scores

54. © Mark E. Damon - All Rights Reserved $500 This is the last step in the posting process?

55. © Mark E. Damon - All Rights Reserved $500 What is write the account number (either in the Post. Ref. column or under the special amount column) Scores

56. © Mark E. Damon - All Rights Reserved $100 This is the planning, recording, analyzing, and interpreting of financial information.

57. © Mark E. Damon - All Rights Reserved $100 What is accounting? Scores

58. © Mark E. Damon - All Rights Reserved $200 This is a type of endorsement where the person simply signs their name.

59. © Mark E. Damon - All Rights Reserved $200 What is a blank endorsement? Scores

60. © Mark E. Damon - All Rights Reserved

61. $300 When this person goes on a picnic the ants bring this person food….. Okay really, this is the type of business that performs an activity for a fee.

62. © Mark E. Damon - All Rights Reserved $300 What is a service business? Scores

63. © Mark E. Damon - All Rights Reserved $400 This is the affect on petty cash when petty cash is replenished.

64. © Mark E. Damon - All Rights Reserved $400 What is…nothing? Scores

65. © Mark E. Damon - All Rights Reserved $500 This is the account used when a dishonored check is received and cash is credited.

66. © Mark E. Damon - All Rights Reserved $500 What is accounts receivable? Scores

67. © Mark E. Damon - All Rights Reserved Subject 1 Subject 2 Subject 3 Subject 4 Subject 5 Subject 6 $200 $400 $600 $800 $1000 Round 1 Final Jeopardy Scores

68. © Mark E. Damon - All Rights Reserved $200 Enter Answer Here for Category 1 - Question 1 Enter Answer Here for Category 1 - Question 1

69. © Mark E. Damon - All Rights Reserved $200 Enter Question Here for Category 1 - Question 1 Enter Question Here for Category 1 - Question 1 Scores

70. © Mark E. Damon - All Rights Reserved $400 Enter Answer Here for Category 1 - Question 2 Enter Answer Here for Category 1 - Question 2

71. © Mark E. Damon - All Rights Reserved $400 Enter Question Here for Category 1 - Question 2 Enter Question Here for Category 1 - Question 2 Scores

72. © Mark E. Damon - All Rights Reserved $600 Enter Answer Here for Category 1 - Question 3 Enter Answer Here for Category 1 - Question 3

73. © Mark E. Damon - All Rights Reserved $600 Enter Question Here for Category 1 - Question 3 Enter Question Here for Category 1 - Question 3 Scores

74. © Mark E. Damon - All Rights Reserved $800 Enter Answer Here for Category 1 - Question 4 Enter Answer Here for Category 1 - Question 4

75. © Mark E. Damon - All Rights Reserved $800 Enter Question Here for Category 1 - Question 4 Enter Question Here for Category 1 - Question 4 Scores

76. © Mark E. Damon - All Rights Reserved $1000 Enter Answer Here for Category 1 - Question 5 Enter Answer Here for Category 1 - Question 5

77. © Mark E. Damon - All Rights Reserved $1000 Enter Question Here for Category 1 - Question 5 Enter Question Here for Category 1 - Question 5 Scores

78. © Mark E. Damon - All Rights Reserved $200 Enter Answer Here for Category 2 - Question 1 Enter Answer Here for Category 2 - Question 1

79. © Mark E. Damon - All Rights Reserved $200 Enter Question Here for Category 2 - Question 1 Enter Question Here for Category 2 - Question 1 Scores

80. © Mark E. Damon - All Rights Reserved

81. $400 Enter Answer Here for Category 2 - Question 2 Enter Answer Here for Category 2 - Question 2

82. © Mark E. Damon - All Rights Reserved $400 Enter Question Here for Category 2 - Question 2 Enter Question Here for Category 2 - Question 2 Scores

83. © Mark E. Damon - All Rights Reserved $600 Enter Answer Here for Category 2 - Question 3 Enter Answer Here for Category 2 - Question 3

84. © Mark E. Damon - All Rights Reserved $600 Enter Question Here for Category 2 - Question 3 Enter Question Here for Category 2 - Question 3 Scores

85. © Mark E. Damon - All Rights Reserved $800 Enter Answer Here for Category 2 - Question 4 Enter Answer Here for Category 2 - Question 4

86. © Mark E. Damon - All Rights Reserved $800 Enter Question Here for Category 2 - Question 4 Enter Question Here for Category 2 - Question 4 Scores

87. © Mark E. Damon - All Rights Reserved $1000 Enter Answer Here for Category 2 - Question 5 Enter Answer Here for Category 2 - Question 5

88. © Mark E. Damon - All Rights Reserved $1000 Enter Question Here for Category 2 - Question 5 Enter Question Here for Category 2 - Question 5 Scores

89. © Mark E. Damon - All Rights Reserved $200 Enter Answer Here for Category 3 - Question 1 Enter Answer Here for Category 3 - Question 1

90. © Mark E. Damon - All Rights Reserved $200 Enter Question Here for Category 3 - Question 1 Enter Question Here for Category 3 - Question 1 Scores

91. © Mark E. Damon - All Rights Reserved $400 Enter Answer Here for Category 3 - Question 2 Enter Answer Here for Category 3 - Question 2

92. © Mark E. Damon - All Rights Reserved $400 Enter Question Here for Category 3 - Question 2 Enter Question Here for Category 3 - Question 2 Scores

93. © Mark E. Damon - All Rights Reserved $600 Enter Answer Here for Category 3 - Question 3 Enter Answer Here for Category 3 - Question 3

94. © Mark E. Damon - All Rights Reserved $600 Enter Question Here for Category 3 - Question 3 Enter Question Here for Category 3 - Question 3 Scores

95. © Mark E. Damon - All Rights Reserved $800 Enter Answer Here for Category 3 - Question 4 Enter Answer Here for Category 3 - Question 4

96. © Mark E. Damon - All Rights Reserved $800 Enter Question Here for Category 3 - Question 4 Enter Question Here for Category 3 - Question 4 Scores

97. © Mark E. Damon - All Rights Reserved $1000 Enter Answer Here for Category 3 - Question 5 Enter Answer Here for Category 3 - Question 5

98. © Mark E. Damon - All Rights Reserved $1000 Enter Question Here for Category 3 - Question 5 Enter Question Here for Category 3 - Question 5 Scores

99. © Mark E. Damon - All Rights Reserved $200 Enter Answer Here for Category 4 - Question 1 Enter Answer Here for Category 4 - Question 1

100. © Mark E. Damon - All Rights Reserved $200 Enter Question Here for Category 4 - Question 1 Enter Question Here for Category 4 - Question 1 Scores

101. © Mark E. Damon - All Rights Reserved $400 Enter Answer Here for Category 4 - Question 2 Enter Answer Here for Category 4 - Question 2

102. © Mark E. Damon - All Rights Reserved $400 Enter Question Here for Category 4 - Question 2 Enter Question Here for Category 4 - Question 2 Scores

103. © Mark E. Damon - All Rights Reserved

104. $600 Enter Answer Here for Category 4 - Question 3 Enter Answer Here for Category 4 - Question 3

105. © Mark E. Damon - All Rights Reserved $600 Enter Question Here for Category 4 - Question 3 Enter Question Here for Category 4 - Question 3 Scores

106. © Mark E. Damon - All Rights Reserved $800 Enter Answer Here for Category 4 - Question 4 Enter Answer Here for Category 4 - Question 4

107. © Mark E. Damon - All Rights Reserved $800 Enter Question Here for Category 4 - Question 4 Enter Question Here for Category 4 - Question 4 Scores

108. © Mark E. Damon - All Rights Reserved $1000 Enter Answer Here for Category 4 - Question 5 Enter Answer Here for Category 4 - Question 5

109. © Mark E. Damon - All Rights Reserved $1000 Enter Question Here for Category 4 - Question 5 Enter Question Here for Category 4 - Question 5 Scores

110. © Mark E. Damon - All Rights Reserved $200 Enter Answer Here for Category 5 - Question 1 Enter Answer Here for Category 5 - Question 1

111. © Mark E. Damon - All Rights Reserved $200 Enter Question Here for Category 5 - Question 1 Enter Question Here for Category 5 - Question 1 Scores

112. © Mark E. Damon - All Rights Reserved $400 Enter Answer Here for Category 5 - Question 2 Enter Answer Here for Category 5 - Question 2

113. © Mark E. Damon - All Rights Reserved $400 Enter Question Here for Category 5 - Question 2 Enter Question Here for Category 5 - Question 2 Scores

114. © Mark E. Damon - All Rights Reserved $600 Enter Answer Here for Category 5 - Question 3 Enter Answer Here for Category 5 - Question 3

115. © Mark E. Damon - All Rights Reserved $600 Enter Question Here for Category 5 - Question 3 Enter Question Here for Category 5 - Question 3 Scores

116. © Mark E. Damon - All Rights Reserved $800 Enter Answer Here for Category 5 - Question 4 Enter Answer Here for Category 5 - Question 4

117. © Mark E. Damon - All Rights Reserved $800 Enter Question Here for Category 5 - Question 4 Enter Question Here for Category 5 - Question 4 Scores

118. © Mark E. Damon - All Rights Reserved $1000 Enter Answer Here for Category 5 - Question 5 Enter Answer Here for Category 5 - Question 5

119. © Mark E. Damon - All Rights Reserved $1000 Enter Question Here for Category 5 - Question 5 Enter Question Here for Category 5 - Question 5 Scores

120. © Mark E. Damon - All Rights Reserved $200 Enter Answer Here for Category 6 - Question 1 Enter Answer Here for Category 6 - Question 1

121. © Mark E. Damon - All Rights Reserved $200 Enter Question Here for Category 6 - Question 1 Enter Question Here for Category 6 - Question 1 Scores

122. © Mark E. Damon - All Rights Reserved $400 Enter Answer Here for Category 6 - Question 2 Enter Answer Here for Category 6 - Question 2

123. © Mark E. Damon - All Rights Reserved $400 Enter Question Here for Category 6 - Question 2 Enter Question Here for Category 6 - Question 2 Scores

124. © Mark E. Damon - All Rights Reserved $600 Enter Answer Here for Category 6 - Question 3 Enter Answer Here for Category 6 - Question 3

125. © Mark E. Damon - All Rights Reserved $600 Enter Question Here for Category 6 - Question 3 Enter Question Here for Category 6 - Question 3 Scores

126. © Mark E. Damon - All Rights Reserved $800 Enter Answer Here for Category 6 - Question 4 Enter Answer Here for Category 6 - Question 4

127. © Mark E. Damon - All Rights Reserved $800 Enter Question Here for Category 6 - Question 4 Enter Question Here for Category 6 - Question 4 Scores

128. © Mark E. Damon - All Rights Reserved $1000 Enter Answer Here for Category 6 - Question 5 Enter Answer Here for Category 6 - Question 5

129. © Mark E. Damon - All Rights Reserved $1000 Enter Question Here for Category 6 - Question 5 Enter Question Here for Category 6 - Question 5 Scores

130. © Mark E. Damon - All Rights Reserved Scores Chart of accounts Final Jeopary Question

131. © Mark E. Damon - All Rights Reserved This is the proper way to format the chart of accounts.

132. © Mark E. Damon - All Rights Reserved What is: Scores