ACCT4 Chp 3 | Baamboozle - Baamboozle | The Most Fun Classroom Games!

Team 1
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Team 2
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Teams

Name

Score

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15

Revenue (ex. Sales) accounts are increased with a _______ and decreased with a _______.

credit, debit

Oops!

Check

Okay!

Check

15

What is the journal entry to record the cost of goods that have been sold?

Oops!

Show

Check

Okay!

Check

eraser

Reset score!

Oops!

fairy

Take points!

5

10

15

20

25

rocket

Go to first place!

Okay!

banana

Go to last place!

Oops!

15

What is the journal entry to record the incurrence of selling and administrative/general costs (SAG)?

Oops!

Show

Check

Okay!

Check

15

What is the journal entry to record the cost of goods that have been finished (cost of goods manufactured)?

Oops!

Show

Check

Okay!

Check

15

Contra-asset (ex. Accumulated Depreciation) accounts are increased with a _______ and decreased with a _______.

credit, debit

Oops!

Check

Okay!

Check

15

What is the journal entry to record the sale (the revenue) of goods?

Oops!

Show

Check

Okay!

Check

thief

Give points!

5

10

15

20

25

gift

Win 15 points!

Okay!

fairy

Take points!

5

10

15

20

25

lifesaver

Give 5 points!

Oops!

thief

Give points!

5

10

15

20

25

fairy

Take points!

5

10

15

20

25

gift

Win 25 points!

Okay!

lifesaver

Give 5 points!

Oops!

15

Stockholders' equity (ex. Retained Earnings, Dividends) accounts are increased with a _______ and decreased with a _______.

credit, debit

Oops!

Check

Okay!

Check

15

What is the journal entry to record the purchase of raw materials?

Oops!

Show

Check

Okay!

Check

15

What is the journal entry to record the issue of direct and indirect materials?

Oops!

Show

Check

Okay!

Check

15

Expense (ex. Salaries Expense) accounts are increased with a _______ and decreased with a _______.

debit, credit

Oops!

Check

Okay!

Check

15

What is the journal entry to record the incurrence of direct and indirect labor?

Oops!

Show

Check

Okay!

Check

15

Liability (ex. A/P, Salaries & Wages Payable) accounts are increased with a _______ and decreased with a _______.

credit, debit

Oops!

Check

Okay!

Check

15

What is the journal entry to record the recognition of property taxes to be paid and prepaid insurance that has expired?

Oops!

Show

Check

Okay!

Check

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