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WHO WANTS TO BE THE WHO WANTS TO BE THE WINNER

LET’S PLAY!

Scene 2 (19s)

HOW TO PLAY Answer 10 questions in a row correctly to win.

CONTINUE

CONTINUE

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WHO WANTS TO BE THE WHO WANTS TO BE THE 1

Scene 4 (49s)

WHO WANTS TO BE THE WINNER?

The process of communicating financial information to people outside of an organization?

nilcfnaia ncucatigon

nilcfnaia ncucatigon

TIME’S UP!

Scene 5 (1m 53s)

WHO WANTS TO BE THE WINNER?

The process of communicating financial information to people outside of an organization?

Financial Accounting

Financial Accounting

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WHO WANTS TO BE THE WHO WANTS TO BE THE NEXT ROUND

CONTINUE

Scene 7 (3m 17s)

WHO WANTS TO BE THE WHO WANTS TO BE THE 2

Scene 8 (3m 36s)

WHO WANTS TO BE THE WINNER?

The expanded accounting equation includes revenues, expenses, common stock, dividends, paid in capital, and ____________

sryrtaue cktos

sryrtaue cktos

TIME’S UP!

Scene 9 (4m 40s)

WHO WANTS TO BE THE WINNER?

The expanded accounting equation includes revenues, expenses, common stock, dividends, paid in capital, and ____________

Treasury Stock

Treasury Stock

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WHO WANTS TO BE THE WHO WANTS TO BE THE NEXT ROUND

CONTINUE

Scene 11 (6m 4s)

WHO WANTS TO BE THE WHO WANTS TO BE THE 3

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WHO WANTS TO BE THE WINNER?

Resource accounts with the same balance as expenses

sstaes

sstaes

TIME’S UP!

Scene 13 (7m 28s)

WHO WANTS TO BE THE WINNER?

Resource accounts with the same balance as expenses

Assets

Assets

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WHO WANTS TO BE THE WHO WANTS TO BE THE NEXT ROUND

CONTINUE

Scene 15 (8m 51s)

WHO WANTS TO BE THE WHO WANTS TO BE THE 4

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WHO WANTS TO BE THE WINNER?

A formula used to compute and balance double entry accounting

gctauncnoi eqotiuan

gctauncnoi eqotiuan

TIME’S UP!

Scene 17 (10m 15s)

WHO WANTS TO BE THE WINNER?

A formula used to compute and balance double entry accounting

Accounting Equation

Accounting Equation

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WHO WANTS TO BE THE WHO WANTS TO BE THE NEXT ROUND

CONTINUE

Scene 19 (11m 38s)

WHO WANTS TO BE THE WHO WANTS TO BE THE 5

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WHO WANTS TO BE THE WINNER?

Unearned revenues are what type of account?

lsaeibiiilt

lsaeibiiilt

TIME’S UP!

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WHO WANTS TO BE THE WINNER?

Unearned revenues are what type of account?

Liabilities

Liabilities

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WHO WANTS TO BE THE WHO WANTS TO BE THE NEXT ROUND

CONTINUE

Scene 23 (14m 26s)

WHO WANTS TO BE THE WHO WANTS TO BE THE 6

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WHO WANTS TO BE THE WINNER?

Paid in capital is what type of account?

ityqeu

ityqeu

TIME’S UP!

Scene 25 (15m 49s)

WHO WANTS TO BE THE WINNER?

Paid in capital is what type of account?

Equity

Equity

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WHO WANTS TO BE THE WHO WANTS TO BE THE NEXT ROUND

CONTINUE

Scene 27 (17m 13s)

WHO WANTS TO BE THE WHO WANTS TO BE THE 7

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WHO WANTS TO BE THE WINNER?

What do journal entries record?

esbnuiss nattnisrosca

esbnuiss nattnisrosca

TIME’S UP!

Scene 29 (18m 36s)

WHO WANTS TO BE THE WINNER?

What do journal entries record?

Business Transactions

Business Transactions

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WHO WANTS TO BE THE WHO WANTS TO BE THE NEXT ROUND

CONTINUE

Scene 31 (20m 0s)

WHO WANTS TO BE THE WHO WANTS TO BE THE 8

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WHO WANTS TO BE THE WINNER?

The concept that debits will always equal credits

ledbou trney kopbkinegoe

ledbou trney kopbkinegoe

TIME’S UP!

Scene 33 (21m 23s)

WHO WANTS TO BE THE WINNER?

The concept that debits will always equal credits

Double entry bookkeeping

Double entry bookkeeping

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WHO WANTS TO BE THE WHO WANTS TO BE THE NEXT ROUND

CONTINUE

Scene 35 (22m 47s)

WHO WANTS TO BE THE WHO WANTS TO BE THE 9

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WHO WANTS TO BE THE WINNER?

A record or document that contains account summaries for accounts used by a company

rlgaene gdlree

rlgaene gdlree

TIME’S UP!

Scene 37 (24m 11s)

WHO WANTS TO BE THE WINNER?

A record or document that contains account summaries for accounts used by a company

General Ledger

General Ledger

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WHO WANTS TO BE THE WHO WANTS TO BE THE NEXT ROUND

CONTINUE

Scene 39 (25m 34s)

WHO WANTS TO BE THE WHO WANTS TO BE THE 10

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WHO WANTS TO BE THE WINNER?

An account with an opposite balance

oactnr uaocnct

oactnr uaocnct

TIME’S UP!

Scene 41 (26m 58s)

WHO WANTS TO BE THE WINNER?

An account with an opposite balance

Contra account

Contra account

Scene 42 (27m 6s)

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CONGRATULATIONS!

YOU WON

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