FABM 2
Authored by Raissing Vlog
Other
12th Grade
Used 217+ times
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10 questions
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1.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
The book of original entry.
Journal
Accounting equation
Financial Statement
Assets
Liabilities
2.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
Assets are equal to liabilities and owner's equity.
Journal
Accounting equation
Financial Statement
Assets
Liabilities
3.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
Users of accounting information is mostly communicated.
Journal
Accounting equation
Financial Statement
Assets
Liabilities
4.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
Are what the company owns.
Journal
Accounting equation
Financial Statement
Assets
Liabilities
5.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
Are what the company owned.
Journal
Accounting equation
Financial Statement
Assets
Liabilities
6.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
Inflows of cash because of services rendered.
Income
Expenses
Journalizing
Ledger
Posting to the ledger
7.
MULTIPLE SELECT QUESTION
10 sec • 1 pt
Assets from cash spent because of sales of goods.
Income
Expenses
Journalizing
Ledger
Posting to the ledger
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