| Vocabulary | True or False | Transaction Locations | Random | Trivia | 
|---|---|---|---|---|
| 
					  What is an entry?					 
					 Information for each transaction recorded in a journal. | 
					  True					 
					 A calculator tape is the source document for daily sales. | 
					  What is Cash Debit and General Credit?					 
					 The two columns where you record, "Received cash from owner as an investment". | 
					  False					 
					 True or False: A memorandum is the source document used when items are paid in cash. | 
					  Who is Al Capone?					 
					 Chicago crime boss who was arrested and convicted for income tax evasion. | 
| 
					  What is a journal?					 
					 A form for recording transactions in chronological order | 
					  True					 
					 Double lines across column totals mean that the totals have been verified as correct. | 
					  What is General Debit and Cash Credit?					 
					 The two columns where you record, "Paid cash for supplies". | 
					  What is sales invoice?					 
					 An invoice used as a source document for recording a sale on account. | 
					  What is bubble gum?					 
					 Invented by an accountant names Walter Diemer in 1928. | 
| 
					  What is a receipt?					 
					 A business form giving written acknowledgement for cash received. | 
					  False					 
					 The source document used when supplies are bought on account is a check. | 
					  What is General Debit and Cash Credit?					 
					 The two columns where you record, "Paid cash for insurance". | 
					  What is General Debit and Cash Credit?					 
					 The two columns where you record, "Paid cash for an expense". | 
					  What is PricewaterhouseCoopers?					 
					 Name of one of the top accounting firms; abbreviated as PwC. | 
| 
					  What is a memorandum?					 
					 A form on which a brief message is written to describe a transaction. | 
					  True					 
					 The journal columns used to record receiving cash from sales are Cash Debit and Sales Credit. | 
					  What is Cash Debit and Sales Credit?					 
					 The two columns where you record, "Received cash from sales". | 
					  True					 
					 True or False: The source document, sales invoice, is abbreviated as S in a journal entry. | 
					  What is "The Accountant"?					 
					 Movie starring Ben Affleck, who's character makes his living as a freelance accountant for dangerous criminal organizations. | 
| 
					  What is double-entry accounting?					 
					 The recording of debit and credit parts of a transaction. | 
					  False					 
					 The journal columns used to record paying cash to the owner for a withdrawal of equity are Cash Debit and General Credit. | 
					  What is Cash Debit and General Credit?					 
					 The two columns where you record, "Received cash on account". | 
					  What is proving cash?					 
					 Determining that the amount of cash agrees with the accounting records. | 
					  Who is O.J. Simpson?					 
					 Former NFL player who hasn't paid any taxes since 2007, and reportedly owes $180,000. |