Feel free to use or edit a copy
includes Teacher and Student dashboards
Track each student's skills and progress in your Mastery dashboards
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
- Q1
s an art of recording, classifying, summarizing, in a significant manners in terms of money transactions and events which are impart at least of a financial characters and interpreting the result thereof.
Transaction
Account
Events
Accounting
30sABM_FABM11-IIIa-2 - Q2
Is the process of identifying, recording, and communicating financial information to internal and external users. It helps quantify data for easier presentation or interpretation.
Account
Transaction
Accounting
Events
30sABM_FABM11-IIIa-1 - Q3
Deals with financial information and transactions. Accounting deals only with quantifiable financial transactions. These are only the events identified by the accountant, recorded in the books, and communicated different entities or parties.
Transaction
Events
Accounting
Account
30sABM_FABM11-IIIa-2 - Q4
As a "language of a business".
Accounting
Events
Account
Transaction
30sABM_FABM11-IIIa-2 - Q5
Is the exchange of goods and services with a certain amount of money. When there is a value received and value parted with.
Transaction
Events
Account
Interpreting
30sABM_FABM11-IIIa-2 - Q6
What is accounting equation?
A = I + C
A = L + C
A = E + I
A = L - C
30sABM_FABM11-IIIa-2 - Q7
Anything that has owned and has value to the business.
Asset
Capital
Liabilities
Income
30sABM_FABM11-IIIb-c-17 - Q8
The obligations of the business.
Liabilities
Payable
Account
Accounts Payable
30sABM_FABM11-IIIb-c-17 - Q9
The key word for liabilities.
Mortgage Payable
Notes Payable
Payable
Accounts Payable
30sABM_FABM11-IIIb-c-17 - Q10
Is the cost of operations that the company incurs to general revenue.
Expense
Liabilities
Asset
Income
30sABM_FABM11-IIIb-c-17 - Q11
Invested cash and equipment.
Increase in asset increase in liabilities
Increase in asset increase in capital.
Increase in one form of asset increase in another form of asset
30sABM_FABM11-IIIb-c-17 - Q12
Collected cash from the customer
Increase in liabilities in capital
Increase in asset increase in liabilities
Increase in one form of asset in crease in another form of asset
Increase in asset increase in capital
30sABM_FABM11-IIIb-c-17 - Q13
Borrowed money from the bank
Increase in asset increase liabilities
Increase in liabilities decrease in capital
Increase in asset increase in capital
Increase in asset decrease in capital
30sABM_FABM11-IIIb-c-17 - Q14
Bought furniture and equipment on account
Increase in asset increase in liabilities
Increase in asset increase in capital
Increase in liabilities increase in capital
Increase in one form of asset increase in another form of asset
30sABM_FABM11-IIIb-c-17 - Q15
Purchased additional equipment on cash
Increase in one form of asset increase in capital
Increase in asset increase in liabilities
Increase in one form of asset decrease in another form of asset
Increase in asset increase in capital
30sABM_FABM11-IIIb-c-17