Quick Accounting Review

Quick Accounting Review

12th Grade

10 Qs

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Quick Accounting Review

Quick Accounting Review

Assessment

Quiz

Business

12th Grade

Practice Problem

Medium

Used 16+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

The Language of Business

Communication

Accounting

Auditing

Bookeeping

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

Assets = _________ + Owner's Equity

Negative Worth

Resources

Obligations

Liabilities

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

This paper will be used to prepare ____.

Journal

Worksheet

Ledger

Receipt

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

He is the father of Accounting.

Nicolas Petri

Luca Pacioli

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Debit Cash for P1,000 will

add Cash P1,000

deduct Cash P1,000

Either add or deduct P1,000

No Effect to Cash

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

Done after journalizing

Balance Sheet

Worksheet

Trial Balance

Posting

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

End products of Accounting

Financial Statements

Journal

Ledger

Worksheet

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