Accounting classification

Accounting classification

9th - 12th Grade

40 Qs

quiz-placeholder

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Accounting classification

Accounting classification

Assessment

Quiz

Business

9th - 12th Grade

Easy

Created by

Chantal Neilson

Used 79+ times

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40 questions

Show all answers

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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