Accounting Chapter 2_Review

Accounting Chapter 2_Review

10th - 12th Grade

30 Qs

quiz-placeholder

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Accounting Chapter 2_Review

Accounting Chapter 2_Review

Assessment

Quiz

Other

10th - 12th Grade

Practice Problem

Hard

Created by

Antje Carter

Used 6+ times

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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An accounting device used to analyze transactions.

T account

normal balance

chart of accounts

debit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An amount recorded on the left side of a T account.

credit

debit

normal balance

T account

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An amount recorded on the right side of a T account.

credit

debit

normal balance

T account

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The side of the account that is increased.

debit

credit

T account

normal balance

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A list of accounts used by a business.

debit

credit

chart of accounts

T account

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

Analyze the transaction into debit and credit parts. Print the letter identifying your choice in chronological order (debit and then credit, e.g. A,F)


Received cash from owner as an investment.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

Analyze the transaction into debit and credit parts. Print the letter identifying your choice in chronological order (debit and then credit, e.g. A,F)


Paid cash for supplies.

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