HSM260 Week 1 Definition Scavenger Hunt

HSM260 Week 1 - Running head DEFINITION SCAVANGER HUNT Definition Scavenger Hunt Kristina M Spencer HSM260 April 1 2011 Erin Akins 1 DEFINITION

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Running head: DEFINITION SCAVANGER HUNT 1 Definition Scavenger Hunt Kristina M Spencer HSM260 April 1, 2011 Erin Akins
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
DEFINITION SCAVANGER HUNT 2 Definition Scavenger Hunt 1. GAAP : a set of guidelines used in accounting for a particular country. http://moneyterms.co.uk/d/ 2. Basic Accounting Formula : The formula that is used to determine an organizations equity. (Assets = Liabilities + Capital) http://en.wikipedia.org/wiki/Accounting_equation 3. Transaction/T-Account : An account similar to a checking account that is used to make payments to a third party. http://financial-dictionary.thefreedictionary.com/Transaction+Account 4. General Ledger : A book that is used to track all of the financials of a business which is used to produce financial statements including gains, losses, assets etc. http://www.google.com/search? hl=en&defl=en&q=define:general+ledger&sa=X&ei=HM6XTYe4I- 5. Debit: Used in bookkeeping to determine the amount used or taken from a balance
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/29/2011 for the course HSM 260 taught by Professor Dr.dave during the Spring '10 term at University of Phoenix.

Page1 / 3

HSM260 Week 1 - Running head DEFINITION SCAVANGER HUNT Definition Scavenger Hunt Kristina M Spencer HSM260 April 1 2011 Erin Akins 1 DEFINITION

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online