N5 Accounting Income Statement inc Adjustments
Authored by Chantelle Scott
Other
4th Grade
Used 17+ times
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33 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where does the following item appear?
Bad Debts
Income Statement - Gross Profit Section
Income Statement - Expenses
Income Statement - Other Income
Statement of Financial Position
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where does the following item appear?
Carriage Out
Income Statement - Gross Profit Section
Income Statement - Expenses
Income Statement - Other Income
Statement of Financial Position
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where does the following item appear?
Cash and Cash Equivalents
Income Statement - Gross Profit Section
Income Statement - Expenses
Income Statement - Other Income
Statement of Financial Position
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where does the following item appear?
Discount Allowed
Income Statement - Gross Profit Section
Income Statement - Expenses
Income Statement - Other Income
Statement of Financial Position
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where does the following item appear?
Drawings
Income Statement - Gross Profit Section
Income Statement - Expenses
Income Statement - Other Income
Statement of Financial Position
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where does the following item appear?
Employee Wages
Income Statement - Gross Profit Section
Income Statement - Expenses
Income Statement - Other Income
Statement of Financial Position
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where does the following item appear?
Equity
Income Statement - Gross Profit Section
Income Statement - Expenses
Income Statement - Other Income
Statement of Financial Position
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