Kafka Jeopardy Template

1
Accounting Jeopardy!
2

• THE RULES
• Instructor/Hosts decisions are
• FINAL

3
And nowhere is the host of Jeopardy
Ms. Smith!
4
Lets Get Ready to play
Todays Categories are
5
Chap. 1 Starting a Proprietorship 1
6
Chap. 1 Starting a Proprietorship 2
7
Chap. 2 Analyzing Transactions 1
8
Chap. 2 Analyzing Transactions 2
9
Chap. 3 Journalizing Transactions 1
10
Starting A Proprietorship 1
Starting A Proprietorship 2
Analyzing Transactions 1
Analyzing Transactions 2
Journalizing Transactions 1
100
100
100
100
100
200
200
200
200
200
300
300
300
300
300
R2
400
400
400
400
400
500
500
500
500
500
11
A business that performs an activity for a fee.
Answer
12
Service Business
100
13
Anything of value that is owned.
Answer
14
Asset
200
15
Planning, recording, analyzing, and interpreting
financial information.
Answer
16
Accounting
300
17
Organized summaries of a businesss financial
activities are called.
Answer
18
Accounting records
400
19
A planned process for providing financial
information that will be useful to management.
Answer
20
Accounting system
500
21
The name given to an account.
Answer
22
Account title
100
23
 An equation showing the relationship among
assets, liabilities, and owners equity.
Answer
24
Accounting Equation
200
25
The account used to summarize the owners equity
in the business.
Answer
26
Capital
300
27
A business activity that changes assets,
liabilities, or owners equity is called.
Answer
28
Transaction
400
29
The amount remaining after the value of all
liabilities is subtracted from the value of all
assets is.
Answer
30
Owners equity
500
31
True/FalseEach asset account has a normal debit
balance.
Answer
32
True
100
33
True/FalseEach liability account has a normal
credit balance.
Answer
34
True
200
35
True/False An amount recorded on the left side
of a T account is a credit.
Answer
36
False
300
37
True/FalseAsset accounts increase on the credit
side.
Answer
38
False
400
39
True/FalseEach transaction changes the balances
in at least two accounts.
Answer
40
True
500
41
True/FalseAdvertising Expense is increased with
a debit.
Answer
42
True
100
43
Prepaid insurance is decreased with a credt.
Answer
44
True
200
45
True/FalseThe normal balance side of an account
receivable account is a credit.
Answer
46
False
300
47
True/FalseA drawing account is decreased by
debits and increased by credits.
Answer
48
True
400
49
True/FalseTo summarize withdrawal information
separately from the other records, owner
withdrawal transactions are recorded in the
owners drawing account.
Answer
50
True
500
51
Recording transactions in a journal.
Answer
52
Journalizing
100
53
A business paper from which information is
obtained for a journal entry.
Answer
54
Source Document
200
55
A journal amount column headed with an account
title is called.
Answer
56
Special amount column
300
57
A form describing the goods or services sold, the
quantity, and the price.
Answer
58
Invoice
400
59
The recording of debit and credit parts of a
transaction.
Answer
60
Double-Entry Accounting
500
61
Daily Double
How much do you want to wager?
Daily Double
62
Lets Get Ready to play round two
Todays Categories are
63
Chap. 3 Journalizing Transactions 2
64
Chap. 4 Posting to a General Ledger 1
65
Chap. 4 Posting to a General Ledger 2
66
Chap. 5 Cash Control Systems 1
67
Chap. 5 Cash Control Systems 2
68
Journalizing Transactions 2
Posting to a General Ledger 1
Posting to a General Ledger 2
Cash Control Systems 1
Cash Control Systems 2
200
200
200
200
200
400
400
400
400
400
600
600
600
600
600
FJ
800
800
800
800
800
1000
1000
1000
1000
1000
69
True/FalseThe source document for all cash
payments is a sales invoice.
Answer
70
False
200
71
True/FalseThe source document used when supplies
are bought on account is a memorandum.
Answer
72
True
400
73
True/FalseThe journal columns used to record
receiving cash from sales are Cash Debit and
Sales Credit.
Answer
74
True
600
75
True/FalseA complete entry consists of the date,
the debit amount, and the credit amount.
Answer
76
False
800
77
True/FalseDouble lines are ruled across a
journals amount columns to indicate that the
totals have been verified as correct.
Answer
78
True
1000
79
True/False Account numbers are assigned by 10s
so that new accounts can be added easily.
Answer
80
True
200
81
True/FalseIf a business has only two asset
accounts, Cash and Supplies, the two accounts are
numbered 110 and 120.
Answer
82
True
400
83
True/FalseThe two steps for opening an account
are writing the account title and recording the
balance.
Answer
84
False
600
85
True/FalseA journal page number is written in
the Post. Ref. Column of a general ledger account
to show that posting of the entry is completed.
Answer
86
False
800
87
True/FalseWith the exception of the totals
lines, the Post. Ref. Column is completely filled
in with either an account number or a check mark.
Answer
88
True
1000
89
True/FalseWhen adding a new expense account
between accounts numbered 510 and 520, the
account is assigned the account number 515.
Answer
90
True
200
91
True/FalseThe only steps for posting are to
write the date, journal page number, amount, and
balance.
Answer
92
False
400
93
True/FalseThe procedure of arranging accounts in
a general ledger, assigning account numbers, and
keeping records current is a correcting entry.
Answer
94
False
600
95
True/FalseThe column total of the General Debit
column is posted.
Answer
96
False
800
97
True/FalseThe posting reference should always be
recorded in the journals Post. Ref. Column
before amounts are recorded in the ledger.
Answer
98
False
1000
99
An amount of cash kept on hand and used for
making small payments.
Answer
100
Petty cash
200
101
A report of deposits, withdrawals, and bank
balances sent to a depositor by the bank.
Answer
102
Bank statement
400
103
An endorsement indicating a new owner of a check.
Answer
104
Special endorsement
600
105
True/FalseThe bank does not charge you a fee for
a dishonored check.
Answer
106
False
800
107
A bank account from which payments can be ordered
by a depositor.
Answer
108
Checking account
1000
109
True/FalseA bank requires that the signature of
the person authorized to sign checks be on the
signature card.
Answer
110
True
200
111
True/FalseThe bank statement needs to be
reconciled every month.
Answer
112
True
400
113
True/FalseThe source document for an electronic
funds transfer is a memorandum.
Answer
114
True
600
115
True/FalseThe source document for a debit card
purchase is a memorandum.
Answer
116
True
800
117
True/FalsePetty cash is considered an asset.
Answer
118
True
1000
119
Daily Double
How much do you want to wager?
Daily Double
120
FINALJEOPARDY
121
CATEGORY
Endorsements
How much do you want to wager?
Proceed
122
What type of endorsement restricts further
transfer of a checks ownership?
Proceed
123
Restrictive Endorsement
Proceed
124
Thanks for Playing
125
Credits Created by Chad Kafka, Business Teacher
- Huntley High School ckafka_at_d158.k12.il.us Jeop
ardy sound effects used solely for the purpose of
fun, entertainment, and education and NOT for
profit.