Accounting Equation
Authored by Jeune Baciles
Business
11th Grade
Used 178+ times
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9 questions
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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
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