Accounting classification
Authored by Chantal Neilson
Business
9th - 12th Grade
Used 92+ times
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40 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Classify "Cash at Bank"
Asset
Revenue
Expense
Owner's equity
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Classify 'Buildings'
Revenue
Asset
Liability
Expense
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Classify 'Accounts Payable'
Asset
Revenue
Liability
Expense
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Classify 'Supplies'
Asset
Revenue
Expense
Liability
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Classify 'Service Fee Revenue'
Revenue
Asset
Expense
Owner's Equity
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Classify 'Advertising'
Expense
Liability
Owner's Equity
Asset
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Classify 'Inventories'
Asset
Expense
Revenue
Owner's Equity
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