Classification of Accounts

Classification of Accounts

9th Grade

16 Qs

quiz-placeholder

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Classification of Accounts

Classification of Accounts

Assessment

Quiz

Specialty

9th Grade

Medium

Used 108+ times

FREE Resource

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash in Bank

Asset

Liability

Owner's Equity

Revenue

Expense

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Painting Fees

Asset

Liability

Owner's Equity

Revenue

Expense

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

John Smith, Withdrawal

Asset

Liability

Owner's Equity

Revenue

Expense

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounts Payable - Smith's Auto Repair

Asset

Liability

Owner's Equity

Revenue

Expense

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounts Receivable - James Johnson

Asset

Liability

Owner's Equity

Revenue

Expense

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Rent Expense

Asset

Liability

Owner's Equity

Revenue

Expense

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

John Smith, Capital

Asset

Liability

Owner's Equity

Revenue

Expense

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