100Acc Cash Budget classifications
Authored by Yvonne Daly
Business
11th Grade
Used 9+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Owner invested $20,000 of his own savings into
his new business.
Cash Receipt
Cash Payment
Non-cash
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Owner borrowed $10,000 from the bank on a long term loan.
Cash Receipt
Cash Payment
Non-cash
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Firm bought a car for $20,000. Deposit = $8,500 cash. The rest was on credit. (HINT 2 ticks needed)
Cash Receipts
Cash Payment
Non-cash
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Paid initial vehicle expenses (car license, taxi license, etc). Cost = $400.
Cash Receipt
Cash Payment
Non-cash
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Paid for advertising, $400.
Cash Receipt
Cash Payment
Non-cash
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Banked service fees received for the week of $500.
Cash Receipt
Cash Payment
Non-cash
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Received invoice from service station for petrol, $130.
Cash Receipt
Cash Payment
Non-cash
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