What accounting element is this? (Round 1)

What accounting element is this? (Round 1)

9th - 10th Grade

10 Qs

quiz-placeholder

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What accounting element is this? (Round 1)

What accounting element is this? (Round 1)

Assessment

Quiz

Business

9th - 10th Grade

Medium

Created by

Wong Fortuna

Used 12+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Cash at bank

Asset

Liability

Equity

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Property

Asset

Liability

Equity

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Trade receivables

Asset

Liability

Equity

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Capital

Asset

Liability

Equity

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Fixture and fittings

Asset

Liability

Equity

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Motor Vehicles

Asset

Liability

Equity

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Inventory

Asset

Liability

Equity

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