
Accounting 1/Chapter 1
Authored by Katie Alexander
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9th - 12th Grade
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A financial statement that reports assets, liabilities & owner's equity on a specific date.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business activities that change the amounts in the accounting equation.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a account balance?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything of value that is owned
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Antonym of a proprietorship
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the following are examples of a service business except
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is owner's equity?
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