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General Ledger Jeopardy!!

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Presentation on theme: "General Ledger Jeopardy!!"— Presentation transcript:

1

2 General Ledger Jeopardy!!

3 400 500 300 1 200 400 500 100 200 300 100 200 300 400 500 400 300 200 100 234

4 Recording transactions in a journal

5 What is Journalizing?

6 A journal amount column headed with an account title

7 What is a Special Column?

8 DAILY DOUBLE

9 A business form used to make a journal entry

10 What is a Source Document?

11 A source document used for recording a sale on account

12 What is a Sales Invoice?

13 A group of accounts

14 What is a Ledger?

15 A ledger that contains all accounts needed to prepare financial statements

16 What is a General Ledger?

17 The number assigned to an account

18 What is an Account Number?

19 Arranging accounts in a general ledger, assigning account numbers, and keeping records current

20 What is File Maintenance?

21 Writing the account title and number on the heading of an account

22 What is Opening an Account?

23 Transferring information from a journal entry to a ledger account

24 What is Posting?

25 A journal entry used to correct an incorrect journal entry

26 What is a Correcting Entry?

27 The first step in posting

28 What is Write in the Date?

29 The last step in the posting process

30 What is Writing the Account Number in the Posting Reference Column?

31 The increase side of any account

32 What is the Normal Balance Side?

33 The increase side of any Expense Account

34 What is a Debit?

35 The account titles of the special columns in a journal

36 What are Sales and Cash?

37 DAILY DOUBLE

38 An accounting device used to analyze transactions

39 What is a T Account?

40 Assets = Liabilities + Owner’s Equity

41 What is the Accounting Equation?

42 Consumed by chubby vampires at a Halloween party

43 What is Blood Light?

44 A witch’s garage

45 What is a Broom Closet?


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