HSM 260 Week 1 Definition Scavenger Hunt

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HSM 260 Week 1 Definition Scavenger Hunt
HSM 260 Week 1 Definition Scavenger Hunt
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HSM 260 Week 1 Definition Scavenger Hunt

Define each of the following basic accounting terms in your own words by carefully finding sources on the Internet that apply to a non-profit service organization, which we are studying in this course, and not a for-profit company.

Provide the URL that supports the definition you have created for each item.

  • GAAP

  • Basic accounting formula

  • Transaction, t-account

  • General ledger

  • Debit

  • Credit

  • Account balance

  • Trial balance

  • Journal

  • Assets

  • Liabilities

  • Net assets

  • Accounts receivable

  • Accounts payable

  • Revenues

Post your definitions as a Microsoft® Word attachment