Module 1

Module 1

by Aprilyn Alisna

Open Ended

Give an adjective that will describe your expectation in today's discussion.

Open Ended

Name one type of financial statement.

Multiple Choice

Account Receivable

• ASSETS

• LIABILITIES

• INCOME

• EXPENSES

• Owner's Equity

Multiple Choice

Unearned Income

• ASSETS

• LIABILITIES

• INCOME

• EXPENSES

• Owner's Equity

Multiple Choice

Accrued Income

• ASSETS

• LIABILITIES

• INCOME

• EXPENSES

• Owner's Equity

Multiple Choice

Prepaid Expenses

• ASSETS

• LIABILITIES

• INCOME

• EXPENSES

• Owner's Equity

Multiple Choice

Withdrawals

• ASSETS

• LIABILITIES

• INCOME

• EXPENSES

• Owner's Equity

Multiple Choice

Land

• ASSETS

• LIABILITIES

• INCOME

• EXPENSES

• Owner's Equity

Multiple Choice

Accumulated Depreciation

• ASSETS

• LIABILITIES

• INCOME

• EXPENSES

• Owner's Equity

Multiple Choice

Accrued Expenses

• ASSETS

• LIABILITIES

• INCOME

• EXPENSES

• Owner's Equity

Multiple Choice

Lonie, Capital

• ASSETS

• LIABILITIES

• INCOME

• EXPENSES

• Owner's Equity

Multiple Choice

Repairs and Maintenance

• ASSETS

• LIABILITIES

• INCOME

• EXPENSES

• Owner's Equity