Search Header Logo

Income statement and Balance sheet

Authored by Thao Bich

English

University

CCSS covered

Used 116+ times

Income statement and Balance sheet
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

20 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The accounting value of a company (assets minus liabilities)

Current

liabilities

Net assets

Current assets

patent

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A legal right to produce and sell newly invented product for certain period of time

Trade mark

Intangible assets

goodwill

patent

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A legally protected symbol/ design used to identify product

Trade mark

patent

goodwill

reputation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount of money owed by customers who have brought good, but not yet paid for them

Debtor

Account payable

Creditor

Both b and C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Money that will be paid less than 12 months from the balance sheet date

Current assets

Noncurrent assets

Current

liabilities

Non current liabilities

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash, money owed by customers ; and inventory

Current assets

Noncurrent assets

Equity

Current liabilites

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a record of money that is owed to a company for past sales

Accounts payable

Accounts receivable

Debtor

Both B and C

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?