Chapter 3 Accounting Review

Chapter 3 Accounting Review

9th - 12th Grade

85 Qs

quiz-placeholder

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Chapter 3 Accounting Review

Chapter 3 Accounting Review

Assessment

Quiz

Life Skills

9th - 12th Grade

Medium

Created by

Christopher Grace

Used 8+ times

FREE Resource

85 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things you own

Asset

Liability

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Things you owe

Asset

Liability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Initial investment plus retained earnings

Asset

Liability

Owner's Equity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What category? Cash

Asset

Liability

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What category? Accounts Receivable

Asset

Liability

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What category? Inventory

Asset

Liability

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What category? Mortgage

Asset

Liability

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