
Income statement and Balance sheet
Authored by Thao Bich
English
University
CCSS covered
Used 116+ times

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

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?