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Account Classification

Authored by Cameron Hays

Business

1st - 5th Grade

Used 7+ times

Account Classification
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35 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is bank overdraft?

Asset

Liability

Income

Expense

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is accounts receivable?

Asset

Liability

Income

Expense

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is accounts payable?

Asset

Liability

Income

Expense

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is petrol?

Asset

Liability

Income

Expense

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is wages?

Asset

Liability

Income

Expense

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is insurance?

Asset

Liability

Income

Expense

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is interest on loan?

Administrative expense

Finance Cost

Vehicle expenses

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