Financial Statement Review

Financial Statement Review

Assessment

Flashcard

Business

11th - 12th Grade

Hard

Created by

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21 questions

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1.

FLASHCARD QUESTION

Front

Accounts Payable
Options: Asset, Liability, Owner's Equity

Back

Liability

2.

FLASHCARD QUESTION

Front

Rent Expense is on what statement?

Back

Income Statement

3.

FLASHCARD QUESTION

Front

Cash

Back

Asset

4.

FLASHCARD QUESTION

Front

Petty cash is in which financial statement?

Back

Balance Sheet

5.

FLASHCARD QUESTION

Front

Accounts Receivable

Back

Asset

6.

FLASHCARD QUESTION

Front

What financial statement is Sales on?

Back

Income Statement

7.

FLASHCARD QUESTION

Front

Accounts Receivable

Back

Asset

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