DOUBLE ENTRY PART 2 (3E)

DOUBLE ENTRY PART 2 (3E)

12th Grade - University

10 Qs

quiz-placeholder

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DOUBLE ENTRY PART 2 (3E)

DOUBLE ENTRY PART 2 (3E)

Assessment

Quiz

Business

12th Grade - University

Practice Problem

Medium

Created by

norsiahsemuni norsiahsemuni

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10 questions

Show all answers

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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