The owner invests personal cash in business.
ACCOUNTING EQUATION
11th Grade
•10 Qs
Similar activities
Introduction to Accounting Quiz
11th Grade
•15 Qs
Personal Financial Literacy
7th Grade - University
•15 Qs
OL PFL Review
7th Grade - University
•7 Qs
Accounting Equation
11th Grade
•13 Qs
Elements and Classification of SFP
11th - 12th Grade
•10 Qs
Chart of Accounts Quiz
11th Grade
•6 Qs
Profit and Loss Analysis: Mastering Money Challenges
10th Grade - University
•10 Qs
CA$H Money Vocabulary
9th - 12th Grade
•10 Qs
ACCOUNTING EQUATION
Quiz
•
Mathematics
•
11th Grade
•
Hard
ARA BALOLONG
Used 2K+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Asset (I)
Liabilties (I)
Equity (NE)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The owner withdraws business assets for personal use.
Assets (I)
Liabilities (D)
Equity (D)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The company receives cash from a bank loan
Assets (I)
Liabilities (D)
Equity (D)
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The company repays the bank that had lent money
Assets (I)
Liabilities (D)
Equity (D)
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The company purchases equipment with its cash
Assets (NE)
Liabilities (I)
Equity (I)
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The owner contributes her personal truck to the business
Assets (NE)
Liabilities (NE)
Equity (D)
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The company purchases supplies on credit
Assets (I)
Liabilities (NE)
Equity (I)
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports
Microsoft
Apple
Others
Similar Resources on Quizizz
10 questions
Adding and Subtracting Rational Expressions
Quiz
•
9th - 12th Grade
14 questions
Financial Assessment Quiz
Quiz
•
11th Grade
10 questions
Profit and Loss Analysis: Mastering Money Challenges
Quiz
•
10th Grade - University
15 questions
Accounting Ch. 6 Worksheets
Quiz
•
10th - 12th Grade
15 questions
Accounting terms
Quiz
•
9th - 12th Grade
10 questions
高中生必答题 10题
Quiz
•
10th - 11th Grade
10 questions
8.10 Investing Alternatives
Quiz
•
11th Grade
11 questions
Solving Equations with Excluded Values
Quiz
•
9th - 12th Grade
Popular Resources on Quizizz
15 questions
Multiplication Facts
Quiz
•
4th Grade
25 questions
SS Combined Advisory Quiz
Quiz
•
6th - 8th Grade
40 questions
Week 4 Student In Class Practice Set
Quiz
•
9th - 12th Grade
40 questions
SOL: ILE DNA Tech, Gen, Evol 2025
Quiz
•
9th - 12th Grade
20 questions
NC Universities (R2H)
Quiz
•
9th - 12th Grade
15 questions
June Review Quiz
Quiz
•
Professional Development
20 questions
Congruent and Similar Triangles
Quiz
•
8th Grade
25 questions
Triangle Inequalities
Quiz
•
10th - 12th Grade
Discover more resources for Mathematics
40 questions
Week 4 Student In Class Practice Set
Quiz
•
9th - 12th Grade
25 questions
Triangle Inequalities
Quiz
•
10th - 12th Grade
10 questions
Right Triangles: Pythagorean Theorem and Trig
Quiz
•
11th Grade
45 questions
Week 3.5 Review: Set 1
Quiz
•
9th - 12th Grade
17 questions
High School Survival Guide
Lesson
•
9th - 12th Grade