Basic Accounting
Basic Accounting for 8th Graders
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Topics of this game:
- The process of keeping track of a business’ finances
- Left side of the T-chart
- Right side of the T-chart
- Assets = Liabilities + Equity
- Must be balanced – meaning both sides of the equation must be equal
- The process of recording and processing the accounting events of a company
- A financial statement that provides information about a company’s present c
- A financial tool that provides information about a company’s past performan
- A business that is owned by one person who typically runs and manages the b
- Two or more people who share the ownership of a single business
- An organization that is made up of many owners who are not normally in the
- A business type that combines the benefits of partnership’s flexibility and
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