Financial Statements

Financial Statements

9th - 12th Grade

10 Qs

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Financial Statements

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Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

Created by

Keilani HamiltonRandolph

Used 885+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which account is classified as an income?

Cash

cell phone bill

credit card

babysitting payment

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which account is classified as an Income?

Auto Loan

college Fund

Bank Account

Allowance

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which account is classified as an Expense?

Auto Loan

college Fund

Bank Account

Cell phone bill

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which account is classified as an Expense?

Concert Tickets

college Fund

Bank Account

Cash

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which account is classified as an Asset?

Concert Tickets

Babysitting payment

Allowance

Cash

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which account is classified as an Asset?

Concert Tickets

Bank Account

Allowance

Bus Pass

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which account is classified as an Liability?

Concert Tickets

Bank Account

Credit Card

Bus Pass

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