Chapter 1 — Foundations & The Accounting Equation

Ghost Protocol

Learning Outcome Covered: 1.4a

Hunt for "ghost" events that are NOT real accounting transactions!

Transaction💰
Ghost👻
Analyze🔍
🎯 Objective

Identify events that do NOT change Assets, Liabilities, or Equity.

🎮 How to Play
  1. Review the list of business events.
  2. Tap the GHOSTS (events that are not transactions).
  3. Avoid tapping real transactions!
  4. Submit your findings to clear the round.
⭐ How stars work: more stars = a better result. 3 stars = no mistakes at all.

What is a Ghost? 👻

✅ Real Transaction

An event that CHANGES the financial position (Assets, Liabilities, or Equity).

  • Paying Cash
  • Buying Equipment
  • Selling Services

👻 Ghost Event

An activity that happens but DOES NOT change the numbers yet.

  • Hiring an employee (no work done yet)
  • Signing a contract (just a promise)
  • Ordering supplies (not received/paid yet)
  • Discussing prices
Score
0
Round
1/10

🏆 Game Complete!

0%
☆ ☆ ☆

Keep practicing!

PASSED
0
Perfect Rounds
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