This class was created by Brainscape user Avery Hendley. Visit their profile to learn more about the creator.

Decks in this class (12)

Chapter 1 Vocab
A business that performs an activ...,
A business activity that changes ...,
The amount in an account
22  cards
Chapter 1 True or False
Accounting is the language of bus...,
Keeping personal and business rec...,
Assests such as cash and supplies...
18  cards
Chapter 2 Vocab
An accounting device used to anal...,
An amount recorded on the left si...,
An amount recorded on the right s...
5  cards
Chapter 3 Vocab
A form for recording transactions...,
Recording transactions in a journal,
A journal amount column headed wi...
13  cards
Chapter 3 True or False
Information in a journal includes...,
The objective evidence accounting...,
Examples of source documents incl...
17  cards
Chapter 4 Vocab
Writing an account title and numb...,
Transferring information from a j...,
The number assigned to an account
7  cards
Chapter 4 True of False
Because an account form has colum...,
The asset division accounts for t...,
The cash account is the first ass...
15  cards
Chapter 5 Vocab
A statement that guides the ethic...,
A bank account from which payment...,
A signature or stamp on the back ...
13  cards
Chapter 6 Vocab
The length of time for which a bu...,
A columnar accounting form used t...,
A proof of the equality of debits...
8  cards
Chapter 7 Vocab
Any persons or groups who will be...,
The percentage relationship betwe...
2  cards
Chapter 8 Vocab
The series of accounting activiti...,
Accounts used to accumulate infor...,
Journal entries recorded to updat...
6  cards
Chapter 8 Multiple Choice
Which accounting concept applies ...,
Which accounting concept applies ...,
Information needed for journalizi...
9  cards

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Accounting

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