Accounting classification

Accounting classification

Assessment

Flashcard

Business

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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40 questions

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1.

FLASHCARD QUESTION

Front

Classify "Cash at Bank": Asset, Revenue, Expense, Owner's equity

Back

Asset

2.

FLASHCARD QUESTION

Front

Classify 'Buildings': Revenue, Asset, Liability, Expense

Back

Asset

3.

FLASHCARD QUESTION

Front

Classify 'Accounts Payable': Asset, Revenue, Liability, Expense

Back

Liability

4.

FLASHCARD QUESTION

Front

Classify 'Supplies': Asset, Revenue, Expense, Liability

Back

Asset

5.

FLASHCARD QUESTION

Front

Classify 'Service Fee Revenue': Revenue, Asset, Expense, Owner's Equity

Back

Revenue

6.

FLASHCARD QUESTION

Front

Classify 'Advertising': Expense, Liability, Owner's Equity, Asset

Back

Expense

7.

FLASHCARD QUESTION

Front

Classify 'Inventories': Asset, Expense, Revenue, Owner's Equity

Back

Asset

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