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Classification of Accounts - Grade 8

Authored by Juanelle Klerk

Other

8th - 9th Grade

Used 64+ times

Classification of Accounts - Grade 8
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Choose the correct option for: Land & Buildings

Non-Current Asset

Current Asset

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Choose the correct option for: Water & Electricity

Income

Expense

Non-Current Liability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Choose the correct option for: Cost of Sales

Income

Expense

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Choose the correct option for: Sales

Income

Expense

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Choose the correct option for: Bank Overdraft

Expense

Current-Liability

Non-current Liability

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Choose the correct option for: Bank

Current-Asset

Non-Current Asset

Income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Choose the correct option for: Equipment

Non-Current Asset

Current Asset

Expense

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