Accounting Equation
11th Grade
•9 Qs
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Accounting Equation
Quiz
•
Business
•
11th Grade
•
Hard
Jeune Baciles
Used 178+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT the correct accounting equation?
Assets - Capital = Liabilities
Liabilities + Capital = Assets
Assets = Liabilities - Capital
Assets - Liabilities = Capital
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Assets = P410,000 ; Capital = P139,232. How much is the Liability?
P 549, 232
P 277, 068
P 270, 768
P 594, 232
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Capital = P192,345 ; Liabilities = P88,765. How much is the Total Assets?
P 103, 580
P 281, 101
P 130, 580
P 281, 110
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Assets = P1,567,769 ; Liabilities = 26% of Assets. How much is the Capital?
P 1,160,149.60
P 1,160,149.06
P 1,610,149.60
P 1,161,149.60
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Assets = P1,567,769 ; Liabilities = 26% of Assets. How much is the Liability?
P 407,619.94
P 470,691.94
P 1,610,149.60
P 1,161,149.60
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Capital = P678,987 ; Liabilities = 36% of Assets. How much is the Liability?
P 1,060,917.19
P 1,060,971.19
P 381,903.19
P 381,930.19
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Capital = P678,987 ; Liabilities = 36% of Assets. How much is the Assets?
P 1,060,917.19
P 1,060,971.19
P 381,903.19
P 381,930.19
8.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Liabilities = P67,843 ; Capital = 72% of Assets. How much is the Assets?
P 174,435.43
P 174,453.43
P 242,296.34
P 242,296.43
9.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Liabilities = P67,843 ; Capital = 72% of Assets. How much is the Capital?
P 174,435.43
P 174,453.43
P 242,296.34
P 242,296.43
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