DOUBLE ENTRY (3E) PART 3

DOUBLE ENTRY (3E) PART 3

12th Grade - University

10 Qs

quiz-placeholder

Similar activities

Entrepreneurship Unit 1

Entrepreneurship Unit 1

11th - 12th Grade

10 Qs

Personal Finance Credit Unit Review

Personal Finance Credit Unit Review

10th - 12th Grade

12 Qs

Private Enterprise

Private Enterprise

9th - 12th Grade

15 Qs

Bonds and Funds Quiz

Bonds and Funds Quiz

12th Grade

12 Qs

Human Resource Management Quiz

Human Resource Management Quiz

University

15 Qs

12.2 Financial Records

12.2 Financial Records

9th - 12th Grade

11 Qs

Topic 4 Budgets

Topic 4 Budgets

University

10 Qs

What do you know about Credit?

What do you know about Credit?

9th - 12th Grade

10 Qs

DOUBLE ENTRY (3E) PART 3

DOUBLE ENTRY (3E) PART 3

Assessment

Quiz

Business

12th Grade - University

Practice Problem

Medium

Created by

norsiahsemuni norsiahsemuni

Used 1+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

NOT true.

Double entry =

ONLY one debit entry and one credit entry

AT LEAST one debit entry and AT LEAST one credit entry

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Advertising EXPENSE INCREASE = ……….. advertising expense

DEBIT

CREDIT

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

CASH at bank DECREASE = ………. cash at bank

DEBIT

CREDIT

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

ODD one out

salaries

utilities

motor vehicle

rental expense

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

ODD one out

capital

motor vehicle

fixtures and fittings

inventory

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

when inventory is bought on CREDIT.

Inventory +

cash in hand -

trade payable +

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

trade PAYABLE =

asset

liability

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?