Accounting Equation

Accounting Equation

10th Grade

10 Qs

quiz-placeholder

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Accounting Equation

Accounting Equation

Assessment

Quiz

Business

10th Grade

Medium

Created by

daphne roberts

Used 809+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Assets are $7,300 and Liabilities are $500, how much is Capital?

$7,800

$7,300

$6,800

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Capital is $31,400 and Liabilities are $15,500, how much are Assets?

$46,900

$15,500

$15,900

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Assets are $19,500 and Capital is $14,300, how much are Liabilities?

33,800

$5,200

$19,500

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Assets are $40,000 and Liabilities are $23,000, how much is Capital?

$63,000

$17,000

$23,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Capital is $17,500 and Liabilities are $7,500, how much are Assets?

$7,500

$10,000

$25,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Liabilities are $15,425 and Assets are $32,350, how much is Capital?

$16,925

$15,425

$47,775

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Capital is $27,500 and Liabilities are $5,400, how much are Assets?

$32,900

$27,500

$22,100

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