accounting

accounting

2nd - 11th Grade

5 Qs

quiz-placeholder

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accounting

accounting

Assessment

Quiz

Mathematics

2nd - 11th Grade

Hard

Created by

Dan Hoffman

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Assets taken out of a business for the owner's personal use

capital
withdrawals
equities
revenue

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Planning, recording, analyzing, and interpreting financial information

accounting
ethics
transaction
revenue

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A decrease in owner's equity resulting from the operation of a business

account
capital
asset
expense

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Amount owed by a business

liability
asset
capital
account

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business activity that changes assets, liabilities, or owner's equity

transaction
expense
revenue
sale on account