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Accounting Transaction Analysis Monopoly

Authored by Vicki Baron

Fun

12th Grade

Used 10+ times

Accounting Transaction Analysis Monopoly
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When you get your initial $1500 investment in Monopoly what is the transaction?

Debit Cash

Credit Revenue

Debit Revenue

Credit Cash

Debit Cash

Credit Capital

Debit Capital

Credit Casgh

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In monopoly - when you purchase property what is the transaction?

Debit Cash

Credit Property

Debit Property

Credit Cash

Debit Building

Credit Cash

Debit Cash

Credit Building

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In monopoly when you purchase a house what is the transaction?

Debit Cash

Credit Property

Debit Property

Credit Cash

Debit Building

Credit Cash

Debit Building

Credit Loan

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In monopoly when you sell a house what is the transaction?

Debit Cash

Credit Building

Debit Cash

Credit Property

Debit Building

Credit Cash

Debit Property

Credit Cash

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In monopoly when you mortgage your property what is the transaction?

Debit Cash

Credit Capital

Debit Cash

Credit Mortgage

Debit Mortgage

Credit Cash

Debit Capital

Credit Cash

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In monopoly when you land on someone elses property and pay them rent - that is the transaction?

Debit Cash

Credit Mortgage

Debit Rent

Credit Cash

Debit Cash

Credit Rent

Debit Mortgage

Credit Cash

7.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Media Image

What is the normal balance of Revenue and Owner's Equity

Respond debit or credit only

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