DOUBLE ENTRY PART 2 (3E)
Authored by norsiahsemuni norsiahsemuni
Business
12th Grade - University
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
DR = + / CR = - . This applies to
Asset/ Expenses
Liabilities/ Income/ Equity
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
ODD one out.
cash in hand
fixtures and fittings
capital
office equipment
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
ODD one out
advertising expense
wages and salaries
printing and stationery
cash in hand
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
NOT an income
sales revenue
rental expense
rental income
service fee revenue
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
If my CASH IN HAND DEcrease = cash in hand
DEBIT
CREDIT
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
I borrowed $10 000. LOAN
INcrease
DEcrease
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
I borrowed $100. My CASH IN HAND
DEbit
CREdit
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