Accounting for Merchandising Business
Quiz
•
Education, Other, Business
•
11th Grade
•
Practice Problem
•
Easy
John Monzon
Used 563+ times
FREE Resource
Enhance your content in a minute
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
It is a type of business that involves buying and selling of goods
Merchandising Business
Service Business
Manufacturing
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
It is the product or good that you are selling
Supplies
Cash
Inventory
Prepaid Expense
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
It is a discount that is not recorded in the books of seller or buyer
Cash Discount
Trade Discount
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
This type of merchandiser buys inventory in bulk
Wholesaler
Retailer
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Under periodic system, purchase of goods is recorded under the account title of
Merchandise Inventory
Sales
Purchases
Purchase Discount
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
It is used by businesses selling goods with different low-priced items
Perpetual System
Periodic System
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
It is used by businesses selling high-priced items
Perpetual System
Periodic System
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?
Similar Resources on Wayground
10 questions
CONTRACT QUIZ
Quiz
•
11th Grade
12 questions
Accounting Cycle
Quiz
•
9th - 12th Grade
11 questions
Integrated Marketing Mix
Quiz
•
11th Grade
14 questions
Role of Government in the Economy
Quiz
•
10th Grade - University
10 questions
Demand, Supply and Equilibrium price
Quiz
•
10th - 12th Grade
10 questions
Penilaian Pengetahuan Komputer Akuntansi XII - 1
Quiz
•
11th - 12th Grade
10 questions
Sources of Finance
Quiz
•
11th Grade - Professi...
14 questions
QUIZ PENATAAN PRODUK
Quiz
•
11th Grade
Popular Resources on Wayground
10 questions
Honoring the Significance of Veterans Day
Interactive video
•
6th - 10th Grade
9 questions
FOREST Community of Caring
Lesson
•
1st - 5th Grade
10 questions
Exploring Veterans Day: Facts and Celebrations for Kids
Interactive video
•
6th - 10th Grade
19 questions
Veterans Day
Quiz
•
5th Grade
14 questions
General Technology Use Quiz
Quiz
•
8th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
15 questions
Circuits, Light Energy, and Forces
Quiz
•
5th Grade
19 questions
Thanksgiving Trivia
Quiz
•
6th Grade
Discover more resources for Education
28 questions
Ser vs estar
Quiz
•
9th - 12th Grade
20 questions
Thanksgiving Trivia
Quiz
•
11th Grade
34 questions
Geometric Terms
Quiz
•
9th - 12th Grade
20 questions
-AR -ER -IR present tense
Quiz
•
10th - 12th Grade
16 questions
Proportional Relationships And Constant Of Proportionality
Quiz
•
7th - 12th Grade
10 questions
DNA Replication Concepts and Mechanisms
Interactive video
•
7th - 12th Grade
10 questions
Unit 2: LS.Bio.1.5-LS.Bio.2.2 Power Vocab
Quiz
•
9th - 12th Grade
20 questions
Food Chains and Food Webs
Quiz
•
7th - 12th Grade
