Basic Accounting Terms 2
Authored by CAC Club
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13 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____________________ are useful in showing how transactions are recorded.
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Accounting is referred to as the "language of ___________________."
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A list of accounts used by a business.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An accounting device used to analyze transactions.
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The left side of a T-Account is called
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Recording transactions is a journal in a chronological order on a daily basis is known as______________________.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
______________________ is the transfer of journalized transactions to their accounts.
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