
Accounting - Chapter 4 Test Review
Authored by Lisa Kiefer
Business
10th - 12th Grade
Used 12+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the account classification for Accounts Receivable?
Asset
Liability
Owner's Equity
Revenue
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the increase or normal balance side of the Capital account?
Debit
Credit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the decrease side of an Asset account?
Debit
Credit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a customer pays us back, Cash and ____ accounts are affected?
Accounts Payable
Accounts Receivable
Capital
Liability
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Investments increase Capital--what else increases Capital?
Cash
Expenses
Revenues
Withdrawals
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
____ is a list of all accounts used by a business to record transactions.
Chart of accounts
Classifications of accounts
Double-entry accounting
T-Account
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____ is a tool used to analyze a business transaction's effect on an account.
Chart of accounts
Classification of accounts
Ledger
T-account
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
13 questions
Introduction To Accounting:
Quiz
•
11th Grade - University
14 questions
Saving & Investing
Quiz
•
9th - 12th Grade
15 questions
Human Resources Roles, Strategies, and Planning
Quiz
•
11th - 12th Grade
12 questions
Role of business and business functions review
Quiz
•
10th - 11th Grade
10 questions
Bank Reconciliation Statement
Quiz
•
11th Grade
12 questions
FORMAS JURÍDICAS
Quiz
•
11th - 12th Grade
10 questions
Accounting for a Trading Business #3
Quiz
•
10th - 12th Grade
15 questions
Office orientation & communication
Quiz
•
10th - 12th Grade
Popular Resources on Wayground
8 questions
Spartan Way - Classroom Responsible
Quiz
•
9th - 12th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
14 questions
Boundaries & Healthy Relationships
Lesson
•
6th - 8th Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
3 questions
Integrity and Your Health
Lesson
•
6th - 8th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
9 questions
FOREST Perception
Lesson
•
KG
20 questions
Main Idea and Details
Quiz
•
5th Grade