Rules of debit and credit- 2

Rules of debit and credit- 2

11th Grade

11 Qs

quiz-placeholder

Similar activities

Regulation of Respiration

Regulation of Respiration

10th - 11th Grade

12 Qs

reCAP XI

reCAP XI

11th Grade

10 Qs

CIE Econs IGCSE Mix 1

CIE Econs IGCSE Mix 1

10th - 11th Grade

10 Qs

MIDTERM - FABM 1

MIDTERM - FABM 1

11th Grade

14 Qs

Accounting Chapter 9-2 Terms

Accounting Chapter 9-2 Terms

KG - University

16 Qs

Double Entries

Double Entries

11th Grade

15 Qs

BAB 3 PRINSIP AKAUN T4

BAB 3 PRINSIP AKAUN T4

9th - 12th Grade

10 Qs

Rules of debit and credit- 2

Rules of debit and credit- 2

Assessment

Quiz

Other

11th Grade

Practice Problem

Medium

Created by

Arvinder Kaur

Used 183+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

On which side will the decrease in bank overdraft be recorded.

Debit side

Credit side

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Outstanding expenses are classified as

Liability account

Asset account

Revenue account

Capital account

3.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Debit all expenses and losses credit all incomes and gain is a rule of........ Account

4.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Debit means an increase in liability. Is the statement true or false

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sales account is a

Liability account

Capital account

Revenue account

None of these

6.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Name the side on which increase in the commission received is recorded?

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mention the nature of accrued commission account on the basis of modern classification of accounts.

Asset account

Expense account

Revenue account

Liability account

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?