Day 80: Final Exam Review

• Create a Google Presentation that goes over the details of the fundamental concepts you learned in class this year:
1. Types of Businesses and their descriptions
2. Forms of Ownership and their characteristics
3. Accounting Assumptions
4. Users of Accounting Information (Internal and External)
5. Accounting Equation
6. Account Classifications and examples of each
7. "If you can touch it, it's an ____________"
8. "_____________ usually end with word, Payable"
9. "_____________ usually end with word, Expense"
10. "Fees and Sales are classified as ____________"
11. Matching Principle defined
12. Rules of Debit and Credit explained
13. Double-entry Accounting summarized
14. Define the concept of Business Transactions and give examples
15. "Wrote Check, ________  _______"
16. "If you get it, ________  _______"
17. List of Financial Statements and the accounts that go on each
18. Purpose of Temporary and Permanent Accounts including an explanation of the difference between the two and examples of each category.
• go over the Final Exam Review Guide again
• identify areas of weakness