
Account Elements
Authored by Pop Lizardo
Business, Mathematics
9th Grade
Used 5+ times

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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These are the items of value owned or controlled by the business
Assets
Equipment
Owner's Equity
Supplies
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash
Owner's Equity
Assets
Liabilities
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These are the amounts collectible from customers, or clients
Interest receivable
Accounts Receivable
Accounts Payable
Notes Receivable
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expenses to be incurred yet in the future but already paid
Miscellaneous Expense
Prepaid Expense
Accounts Receivable
Accounts expense
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What feature do Equipment and Machineries varies?
Number of functions
Movable
Handleable
Size
6.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Notes Payable are obligations covered by _____ notes
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is a long term debt of the business for which property has been give as collateral or security
Loans Payable
Mortgage payable
Taxes receivable
Taxes Receivable
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