Basic Accounting Equation

Basic Accounting Equation

12th Grade

10 Qs

quiz-placeholder

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Basic Accounting Equation

Basic Accounting Equation

Assessment

Quiz

Other

12th Grade

Practice Problem

Easy

Created by

Wilvi Arpon

Used 34+ times

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10 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Assets=760,000, Liabilities= 360,000, Owner's Equity= _______

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Assets = 860,000, Liabilities = __________, Owner's Equity = 592,000

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Assets=__________, Liabilities = 108,000, Owner's Equity = 760,000

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Assets= 626,600; Liabilities= 376,240; Owner's Equity = _______

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Assets=_________; Liabilities= 800,000; Owner's Equity = 1,000,000

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Assets=120,000; Liabilities=___________; Owner's Equity=75,000

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Assets=_________; Liabilities=220,000; Owner's Equity=315,000

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