Massage-Business-Bookkeeping-

Take the quiz below:

Name Massage License Number Email Phone Number
1. The NCBTMB requires that we put your home address on your transcript. Please enter it in the box below. Don't worry, we will not mail you anything or give it to anyone else.
2. What percentage of massage therapists in the United States are self-employed?
3. What do Financial Statements tell you about your business?
4. How can a financial statement help you decide how much to charge for a massage?
5. What is another name for an income statement?
6. What does a balance sheet tell you about your business?
7. What are the two most common forms of accounting?
8. What is a Chart of Accounts?
9. Where should you enter prepaid massages?
10. What is depreciation?
11. What are the two entries in a Double Entry system called?
12. All of your Asset accounts are classified as what in Double Entry?
13. All Debit accounts are what type of numbers?
14. What is another name for credit accounts?
15. How many columns are changed when you make a double entry system entry?
16. What are accounts payable?
17. What is petty cash?
18. What type of account is a sales account?
19. What might a massage therapist have in an accounts receivable account?
20. What is the biggest problem for massage bookkeeping?
21. Why should a massage therapist learn basic bookkeeping skills?

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