// this file is copyright - Mike Capstick
 // it adds the quiz questions and answers 
 // load  arrays with a set of questions and  answers 
 gametitle='Accounting';
 questions=new Array();
questions[1]='The Accounting Equation is~the basis for the financial statement called the Balance Sheet.~ an item of value held by the business.~ an entry that can increase Assets and Expenses and decrease Liabilities, Revenue and Owner\'s Equity.~also known as Debtors is the money the customers owe for goods or services provided.~the interval at the end of which a business closes its books and generates Reports.~A~1~1~ The Accounting Equation is the basis for the financial statement called the Balance Sheet.<br /> The Accounting Period is the interval at the end of which a business closes its books and generates Reports.<br /> An Account Receivable is also known as Debtors is the money the customers owe for goods or services provided.<br /> An Asset is  an item of value held by the business.<br />';
questions[2]='Accounts Payable is~money owed by the business to vendors for goods or services received.~a method of accounting that records transactions as they occur rather than waiting until cash is exchanged.~goods you hold for sale to customers.~information that allows you to reconstruct a transaction.~the basis for the financial statement called the Balance Sheet.~A~1~1~ The Accounting Equation is the basis for the financial statement called the Balance Sheet.<br /> Accounts Payable is money owed by the business to vendors for goods or services received.<br /> Accrual basis is a method of accounting that records transactions as they occur rather than waiting until cash is exchanged.<br /> The Audit Trail is information that allows you to reconstruct a transaction.<br /> Inventory is goods you hold for sale to customers.<br />';
questions[3]='The Accounting Period is~the interval at the end of which a business closes its books and generates Reports.~ an account used to keep track of sources of income. ~the bottom line of the Profit and Loss Statement.~a liability that is not due within one year.~an unincorporated business with two or more owners.~A~1~1~ The Accounting Period is the interval at the end of which a business closes its books and generates Reports.<br /> A Long-term liability is a liability that is not due within one year.<br /> Net Profit is the bottom line of the Profit and Loss Statement.<br /> A Partnership is an unincorporated business with two or more owners.<br /> A Revenue account is  an account used to keep track of sources of income. <br />';
questions[4]='An Account Receivable is~also known as Debtors is the money the customers owe for goods or services provided.~a list of a business\'s account names and numbers.~a list of your income, expenses, and net profit (or loss).~an entry that can increase liabilities, Revenue and Equity and decrease Assets and Expenses.~a liability that is not due within one year.~A~1~1~ An Account Receivable is also known as Debtors is the money the customers owe for goods or services provided.<br /> A Credit Entry is an entry that can increase liabilities, Revenue and Equity and decrease Assets and Expenses.<br /> A Long-term liability is a liability that is not due within one year.<br />';
questions[5]='Accrual basis is~a method of accounting that records transactions as they occur rather than waiting until cash is exchanged.~what your business owes creditors. ~an allowed amount written-off the value of fixed assets. ~an asset that is in the form of cash or is easily converted to cash~a business with only one owner.~A~1~1~ Accrual basis is a method of accounting that records transactions as they occur rather than waiting until cash is exchanged.<br /> A Current Asset is an asset that is in the form of cash or is easily converted to cash<br /> Depreciation is an allowed amount written-off the value of fixed assets. <br /> A Liability is what your business owes creditors. <br /> A Sole Trader is a business with only one owner.<br />';
questions[6]='An Asset is~ an item of value held by the business.~ an account used to keep track of sources of income. ~the difference between the Revenue and the Cost of Goods Sold~an accounting method that reflects only cash activity.~an account in the ledger used to calculate Nett profit~A~1~1~ An Asset is  an item of value held by the business.<br /> Cash Accounting is an accounting method that reflects only cash activity.<br /> Gross Profit is the difference between the Revenue and the Cost of Goods Sold<br /> A Profit and Loss Account is an account in the ledger used to calculate Nett profit<br /> A Revenue account is  an account used to keep track of sources of income. <br />';
questions[7]='The Audit Trail is~information that allows you to reconstruct a transaction.~money invested in the business by the owners.~the amount added to the cost of a product to determine a selling price.~an asset that is in the form of cash or is easily converted to cash~a list of your income, expenses, and net profit (or loss).~A~1~1~ The Audit Trail is information that allows you to reconstruct a transaction.<br /> Capital is money invested in the business by the owners.<br /> A Current Asset is an asset that is in the form of cash or is easily converted to cash<br /> Markup is the amount added to the cost of a product to determine a selling price.<br />';
questions[8]='A Balance Sheet is~ a list of the assets, liabilities, and the owner\'s equity.~ an entry that can increase Assets and Expenses and decrease Liabilities, Revenue and Owner\'s Equity.~a separate legal entity owned by one or more shareholders.~ an account used to keep track of sources of income. ~money owed by the business to vendors for goods or services received.~A~1~1~ Accounts Payable is money owed by the business to vendors for goods or services received.<br /> A Company is a separate legal entity owned by one or more shareholders.<br /> A Revenue account is  an account used to keep track of sources of income. <br />';
questions[9]='Capital is~money invested in the business by the owners.~ an item of value held by the business.~an allowed amount written-off the value of fixed assets. ~what your business owes creditors. ~an internal accounting report used to help check the accuracy of the bookkeeping process.~A~1~1~ An Asset is  an item of value held by the business.<br /> Capital is money invested in the business by the owners.<br /> Depreciation is an allowed amount written-off the value of fixed assets. <br /> A Liability is what your business owes creditors. <br /> A Trial Balance is an internal accounting report used to help check the accuracy of the bookkeeping process.<br />';
questions[10]='Cash Accounting is~an accounting method that reflects only cash activity.~an account in the ledger used to calculate Nett profit~ a list of the assets, liabilities, and the owner\'s equity.~the bottom line of the Profit and Loss Statement.~an allowed amount written-off the value of fixed assets. ~A~1~1~ Cash Accounting is an accounting method that reflects only cash activity.<br /> Depreciation is an allowed amount written-off the value of fixed assets. <br /> Net Profit is the bottom line of the Profit and Loss Statement.<br /> A Profit and Loss Account is an account in the ledger used to calculate Nett profit<br />';
questions[11]='A Cash Payment is~money paid out, generally by cheque, to vendors for goods and services.~the amount added to the cost of a product to determine a selling price.~an unincorporated business with two or more owners.~what your business owes creditors. ~also known as Debtors is the money the customers owe for goods or services provided.~A~1~1~ An Account Receivable is also known as Debtors is the money the customers owe for goods or services provided.<br /> A Cash Payment is money paid out, generally by cheque, to vendors for goods and services.<br /> A Liability is what your business owes creditors. <br /> Markup is the amount added to the cost of a product to determine a selling price.<br /> A Partnership is an unincorporated business with two or more owners.<br />';
questions[12]='A Chart of accounts is~a list of a business\'s account names and numbers.~money invested in the business by the owners.~a business with only one owner.~an asset that is in the form of cash or is easily converted to cash~ the amount drawn out of the business by an owner..~A~1~1~ Capital is money invested in the business by the owners.<br /> A Current Asset is an asset that is in the form of cash or is easily converted to cash<br /> The General ledger is  the collection of all accounts used to keep the accounting records of a business.<br /> A Sole Trader is a business with only one owner.<br />';
questions[13]='A Closing Entry is~a procedure that take place at the end of an accounting period. ~the accounts you use to keep track of the costs of doing business. ~the cost of inventory items sold to your customers. ~information that allows you to reconstruct a transaction.~ an entry that can increase Assets and Expenses and decrease Liabilities, Revenue and Owner\'s Equity.~A~1~1~ The Audit Trail is information that allows you to reconstruct a transaction.<br /> A Closing Entry is a procedure that take place at the end of an accounting period. <br /> Cost of Goods Sold is the cost of inventory items sold to your customers. <br /> An Expense account is the accounts you use to keep track of the costs of doing business. <br />';
questions[14]='A Company is~a separate legal entity owned by one or more shareholders.~the amount drawn out of the business by an owner.~the bottom line of the Profit and Loss Statement.~an unincorporated business with two or more owners.~a system by which every transaction has two entries, a debit and a credit.~A~1~1~ A Company is a separate legal entity owned by one or more shareholders.<br /> Double-entry is a system by which every transaction has two entries, a debit and a credit.<br /> Drawings is the amount drawn out of the business by an owner.<br /> Net Profit is the bottom line of the Profit and Loss Statement.<br /> A Partnership is an unincorporated business with two or more owners.<br />';
questions[15]='Cost of Goods Sold is~the cost of inventory items sold to your customers. ~ an item of value held by the business.~the basis for the financial statement called the Balance Sheet.~ a list of the assets, liabilities, and the owner\'s equity.~the bottom line of the Profit and Loss Statement.~A~1~1~ The Accounting Equation is the basis for the financial statement called the Balance Sheet.<br /> An Asset is  an item of value held by the business.<br /> Cost of Goods Sold is the cost of inventory items sold to your customers. <br /> Net Profit is the bottom line of the Profit and Loss Statement.<br />';
questions[16]='A Credit Entry is~an entry that can increase liabilities, Revenue and Equity and decrease Assets and Expenses.~money owed by the business to vendors for goods or services received.~what your business owes creditors. ~ an item of value held by the business.~ an asset that is generally not converted to cash within one year.~A~1~1~ Accounts Payable is money owed by the business to vendors for goods or services received.<br /> An Asset is  an item of value held by the business.<br /> A Credit Entry is an entry that can increase liabilities, Revenue and Equity and decrease Assets and Expenses.<br /> A Fixed Asset is  an asset that is generally not converted to cash within one year.<br /> A Liability is what your business owes creditors. <br />';
questions[17]='A Current Asset is~an asset that is in the form of cash or is easily converted to cash~an accounting method that reflects only cash activity.~also known as Debtors is the money the customers owe for goods or services provided.~ an account used to keep track of sources of income. ~the interval at the end of which a business closes its books and generates Reports.~A~1~1~ The Accounting Period is the interval at the end of which a business closes its books and generates Reports.<br /> An Account Receivable is also known as Debtors is the money the customers owe for goods or services provided.<br /> Cash Accounting is an accounting method that reflects only cash activity.<br /> A Current Asset is an asset that is in the form of cash or is easily converted to cash<br /> A Revenue account is  an account used to keep track of sources of income. <br />';
questions[18]='A Current Liability is~a Debt payable within one year. ~the basis for the financial statement called the Balance Sheet.~ a list of the assets, liabilities, and the owner\'s equity.~information that allows you to reconstruct a transaction.~an entry that can increase liabilities, Revenue and Equity and decrease Assets and Expenses.~A~1~1~ The Accounting Equation is the basis for the financial statement called the Balance Sheet.<br /> The Audit Trail is information that allows you to reconstruct a transaction.<br /> A Credit Entry is an entry that can increase liabilities, Revenue and Equity and decrease Assets and Expenses.<br /> A Current Liability is a Debt payable within one year. <br />';
questions[19]='A Debit Entry is~ an entry that can increase Assets and Expenses and decrease Liabilities, Revenue and Owner\'s Equity.~money owed by the business to vendors for goods or services received.~an allowed amount written-off the value of fixed assets. ~the difference between the Revenue and the Cost of Goods Sold~an accounting method that reflects only cash activity.~A~1~1~ Accounts Payable is money owed by the business to vendors for goods or services received.<br /> Cash Accounting is an accounting method that reflects only cash activity.<br /> Depreciation is an allowed amount written-off the value of fixed assets. <br /> Gross Profit is the difference between the Revenue and the Cost of Goods Sold<br />';
questions[20]='Depreciation is~an allowed amount written-off the value of fixed assets. ~ an item of value held by the business.~a separate legal entity owned by one or more shareholders.~a business with only one owner.~ the collection of all accounts used to keep the accounting records of a business.~A~1~1~ An Asset is  an item of value held by the business.<br /> A Company is a separate legal entity owned by one or more shareholders.<br /> Depreciation is an allowed amount written-off the value of fixed assets. <br /> The General ledger is  the collection of all accounts used to keep the accounting records of a business.<br /> A Sole Trader is a business with only one owner.<br />';
questions[21]='Double-entry is~a system by which every transaction has two entries, a debit and a credit.~a list of a business\'s account names and numbers.~the interval at the end of which a business closes its books and generates Reports.~a procedure that take place at the end of an accounting period. ~an unincorporated business with two or more owners.~A~1~1~ The Accounting Period is the interval at the end of which a business closes its books and generates Reports.<br /> A Closing Entry is a procedure that take place at the end of an accounting period. <br /> Double-entry is a system by which every transaction has two entries, a debit and a credit.<br /> A Partnership is an unincorporated business with two or more owners.<br />';
questions[22]='Drawings is~the amount drawn out of the business by an owner.~the net worth of your company or capital. ~the accounts you use to keep track of the costs of doing business. ~the basis for the financial statement called the Balance Sheet.~ the collection of all accounts used to keep the accounting records of a business.~A~1~1~ The Accounting Equation is the basis for the financial statement called the Balance Sheet.<br /> Drawings is the amount drawn out of the business by an owner.<br /> An Expense account is the accounts you use to keep track of the costs of doing business. <br /> The General ledger is  the collection of all accounts used to keep the accounting records of a business.<br /> Owner\'s Equity is the net worth of your company or capital. <br />';
questions[23]='An Expense account is~the accounts you use to keep track of the costs of doing business. ~ an entry that can increase Assets and Expenses and decrease Liabilities, Revenue and Owner\'s Equity.~ an item of value held by the business.~a method of accounting that records transactions as they occur rather than waiting until cash is exchanged.~goods you hold for sale to customers.~A~1~1~ Accrual basis is a method of accounting that records transactions as they occur rather than waiting until cash is exchanged.<br /> An Asset is  an item of value held by the business.<br /> An Expense account is the accounts you use to keep track of the costs of doing business. <br /> Inventory is goods you hold for sale to customers.<br />';
questions[24]='A Fixed Asset is~ an asset that is generally not converted to cash within one year.~the difference between the Revenue and the Cost of Goods Sold~a liability that is not due within one year.~the amount added to the cost of a product to determine a selling price.~the accounts you use to keep track of the costs of doing business. ~A~1~1~ An Expense account is the accounts you use to keep track of the costs of doing business. <br /> A Fixed Asset is  an asset that is generally not converted to cash within one year.<br /> Gross Profit is the difference between the Revenue and the Cost of Goods Sold<br /> A Long-term liability is a liability that is not due within one year.<br /> Markup is the amount added to the cost of a product to determine a selling price.<br />';
questions[25]='The General ledger is~ the collection of all accounts used to keep the accounting records of a business.~also known as Debtors is the money the customers owe for goods or services provided.~a procedure that take place at the end of an accounting period. ~money paid out, generally by cheque, to vendors for goods and services.~the net worth of your company or capital. ~A~1~1~ An Account Receivable is also known as Debtors is the money the customers owe for goods or services provided.<br /> A Cash Payment is money paid out, generally by cheque, to vendors for goods and services.<br /> A Closing Entry is a procedure that take place at the end of an accounting period. <br /> The General ledger is  the collection of all accounts used to keep the accounting records of a business.<br /> Owner\'s Equity is the net worth of your company or capital. <br />';
questions[26]='Gross Profit is~the difference between the Revenue and the Cost of Goods Sold~the interval at the end of which a business closes its books and generates Reports.~money owed by the business to vendors for goods or services received.~an allowed amount written-off the value of fixed assets. ~a separate legal entity owned by one or more shareholders.~A~1~1~ Accounts Payable is money owed by the business to vendors for goods or services received.<br /> The Accounting Period is the interval at the end of which a business closes its books and generates Reports.<br /> A Company is a separate legal entity owned by one or more shareholders.<br /> Depreciation is an allowed amount written-off the value of fixed assets. <br /> Gross Profit is the difference between the Revenue and the Cost of Goods Sold<br />';
questions[27]='Inventory is~goods you hold for sale to customers.~money paid out, generally by cheque, to vendors for goods and services.~ an item of value held by the business.~ the collection of all accounts used to keep the accounting records of a business.~information that allows you to reconstruct a transaction.~A~1~1~ An Asset is  an item of value held by the business.<br /> The Audit Trail is information that allows you to reconstruct a transaction.<br /> A Cash Payment is money paid out, generally by cheque, to vendors for goods and services.<br /> The General ledger is  the collection of all accounts used to keep the accounting records of a business.<br /> Inventory is goods you hold for sale to customers.<br />';
questions[28]='A Liability is~what your business owes creditors. ~a list of your income, expenses, and net profit (or loss).~an entry that can increase liabilities, Revenue and Equity and decrease Assets and Expenses.~a liability that is not due within one year.~the accounts you use to keep track of the costs of doing business. ~A~1~1~ A Credit Entry is an entry that can increase liabilities, Revenue and Equity and decrease Assets and Expenses.<br /> An Expense account is the accounts you use to keep track of the costs of doing business. <br /> A Liability is what your business owes creditors. <br /> A Long-term liability is a liability that is not due within one year.<br />';
questions[29]='A Long-term liability is~a liability that is not due within one year.~money paid out, generally by cheque, to vendors for goods and services.~the interval at the end of which a business closes its books and generates Reports.~a list of a business\'s account names and numbers.~the cost of inventory items sold to your customers. ~A~1~1~ The Accounting Period is the interval at the end of which a business closes its books and generates Reports.<br /> A Cash Payment is money paid out, generally by cheque, to vendors for goods and services.<br /> Cost of Goods Sold is the cost of inventory items sold to your customers. <br /> A Long-term liability is a liability that is not due within one year.<br />';
questions[30]='Markup is~the amount added to the cost of a product to determine a selling price.~an accounting method that reflects only cash activity.~the amount drawn out of the business by an owner.~a Debt payable within one year. ~the basis for the financial statement called the Balance Sheet.~A~1~1~ The Accounting Equation is the basis for the financial statement called the Balance Sheet.<br /> Cash Accounting is an accounting method that reflects only cash activity.<br /> A Current Liability is a Debt payable within one year. <br /> Drawings is the amount drawn out of the business by an owner.<br /> Markup is the amount added to the cost of a product to determine a selling price.<br />';
questions[31]='Net Profit is~the bottom line of the Profit and Loss Statement.~what your business owes creditors. ~a procedure that take place at the end of an accounting period. ~ the collection of all accounts used to keep the accounting records of a business.~an allowed amount written-off the value of fixed assets. ~A~1~1~ A Closing Entry is a procedure that take place at the end of an accounting period. <br /> Depreciation is an allowed amount written-off the value of fixed assets. <br /> The General ledger is  the collection of all accounts used to keep the accounting records of a business.<br /> A Liability is what your business owes creditors. <br /> Net Profit is the bottom line of the Profit and Loss Statement.<br />';
questions[32]='Owner\'s Equity is~the net worth of your company or capital. ~the basis for the financial statement called the Balance Sheet.~the bottom line of the Profit and Loss Statement.~the interval at the end of which a business closes its books and generates Reports.~a separate legal entity owned by one or more shareholders.~A~1~1~ The Accounting Equation is the basis for the financial statement called the Balance Sheet.<br /> The Accounting Period is the interval at the end of which a business closes its books and generates Reports.<br /> A Company is a separate legal entity owned by one or more shareholders.<br /> Net Profit is the bottom line of the Profit and Loss Statement.<br /> Owner\'s Equity is the net worth of your company or capital. <br />';
questions[33]='A Partnership is~an unincorporated business with two or more owners.~the amount added to the cost of a product to determine a selling price.~a business with only one owner.~money invested in the business by the owners.~ an entry that can increase Assets and Expenses and decrease Liabilities, Revenue and Owner\'s Equity.~A~1~1~ Capital is money invested in the business by the owners.<br /> Markup is the amount added to the cost of a product to determine a selling price.<br /> A Partnership is an unincorporated business with two or more owners.<br /> A Sole Trader is a business with only one owner.<br />';
questions[34]='A Profit and Loss Account is~an account in the ledger used to calculate Nett profit~ an asset that is generally not converted to cash within one year.~a method of accounting that records transactions as they occur rather than waiting until cash is exchanged.~the interval at the end of which a business closes its books and generates Reports.~the net worth of your company or capital. ~A~1~1~ The Accounting Period is the interval at the end of which a business closes its books and generates Reports.<br /> Accrual basis is a method of accounting that records transactions as they occur rather than waiting until cash is exchanged.<br /> A Fixed Asset is  an asset that is generally not converted to cash within one year.<br /> Owner\'s Equity is the net worth of your company or capital. <br /> A Profit and Loss Account is an account in the ledger used to calculate Nett profit<br />';
questions[35]='A Profit and Loss Statement is~a list of your income, expenses, and net profit (or loss).~an allowed amount written-off the value of fixed assets. ~an asset that is in the form of cash or is easily converted to cash~a liability that is not due within one year.~a system by which every transaction has two entries, a debit and a credit.~A~1~1~ A Current Asset is an asset that is in the form of cash or is easily converted to cash<br /> Depreciation is an allowed amount written-off the value of fixed assets. <br /> Double-entry is a system by which every transaction has two entries, a debit and a credit.<br /> A Long-term liability is a liability that is not due within one year.<br />';
questions[36]='A Revenue account is~ an account used to keep track of sources of income. ~the bottom line of the Profit and Loss Statement.~a list of a business\'s account names and numbers.~a list of your income, expenses, and net profit (or loss).~an account in the ledger used to calculate Nett profit~A~1~1~ Net Profit is the bottom line of the Profit and Loss Statement.<br /> A Profit and Loss Account is an account in the ledger used to calculate Nett profit<br /> A Revenue account is  an account used to keep track of sources of income. <br />';
questions[37]='A Sole Trader is~a business with only one owner.~the difference between the Revenue and the Cost of Goods Sold~a method of accounting that records transactions as they occur rather than waiting until cash is exchanged.~goods you hold for sale to customers.~a liability that is not due within one year.~A~1~1~ Accrual basis is a method of accounting that records transactions as they occur rather than waiting until cash is exchanged.<br /> Gross Profit is the difference between the Revenue and the Cost of Goods Sold<br /> Inventory is goods you hold for sale to customers.<br /> A Long-term liability is a liability that is not due within one year.<br /> A Sole Trader is a business with only one owner.<br />';
questions[38]='A Trial Balance is~an internal accounting report used to help check the accuracy of the bookkeeping process.~what your business owes creditors. ~a list of your income, expenses, and net profit (or loss).~the basis for the financial statement called the Balance Sheet.~an entry that can increase liabilities, Revenue and Equity and decrease Assets and Expenses.~A~1~1~ The Accounting Equation is the basis for the financial statement called the Balance Sheet.<br /> A Credit Entry is an entry that can increase liabilities, Revenue and Equity and decrease Assets and Expenses.<br /> A Liability is what your business owes creditors. <br /> A Trial Balance is an internal accounting report used to help check the accuracy of the bookkeeping process.<br />';
questions[39]='A Trading Account is~an account in the ledger used to calculate Gross Profit~an unincorporated business with two or more owners.~what your business owes creditors. ~a system by which every transaction has two entries, a debit and a credit.~information that allows you to reconstruct a transaction.~A~1~1~ The Audit Trail is information that allows you to reconstruct a transaction.<br /> Double-entry is a system by which every transaction has two entries, a debit and a credit.<br /> A Liability is what your business owes creditors. <br /> A Partnership is an unincorporated business with two or more owners.<br /> A Trading Account is an account in the ledger used to calculate Gross Profit<br />';