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What is the action or process of financial accounting?

• Account

• Accounting

  
  

• Acounting

• Accountig

What is the unique name assigned by the account system?

• Accountitle

• Account Title

• Acount Title

• Account

What does the company's general ledger provide?

• I don't know

• Account

• Accounting

• Chart of Accounts

Internal documents serve as specific evidence of business transactions.

• Doctor Octopus

• Source Document

• Source Docuent

• Accounting

What is something that has current or future economic value for a business?

• Assets

• Set up a Wobocombo

• Numbers

• Liabilities

What is the business that is losing money

• Debt

• Creditor

• Posting

• Big Zero

What is a part of a company's assets that the owner can claim?

• Owner's Equity

• Expenses

• Owner's Equty

• Free Money

indicates the total assets are equal to the sum of liabilities and shareholders' equity is known as:

• Accounting Equation

• Accounts Receivable

• Accounts Payable

• E=MC squared

What is the balance of money that customers have not yet paid for goods or services that should be paid to the company?

• Money balance

• Accounts receivable

• Acounts receivable

• Worksheet

What is the payment for goods or services purchased on credit from vendors or suppliers?

• Expense

• Payment Account

• Posting

• Bank Financing