the king of accounting

the king of accounting

11th Grade

10 Qs

quiz-placeholder

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the king of accounting

the king of accounting

Assessment

Quiz

Other

11th Grade

Medium

Created by

Yuqian Deng

Used 25+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

1. Which side of the T-accounts are the debits located?

Left

Right

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

How are the following, phone bills, cleaning fees, and insurance classified?

COGS

  Selling Expense  

General Expense 

  Financial Expense

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What is the money earned in a business’s everyday activities known as?

sales

    capital

  accounting 

wages

4.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

From the following list, choose which are the Asset accounts

Creditors

  Debtors

  Cash

  Building

Stock/Inventory

5.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

From the following list, choose which are the Non-Current Assets accounts

Building

Cash

Furniture

Stock

6.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

From the following list, choose all accounts that are Liabilities accounts

Debtors

Creditors

Electricity Bills

  Bank loan

  Cash

7.

MULTIPLE SELECT QUESTION

45 sec • 5 pts

From the following list, choose all accounts that are Non-Current Liabilities

  Bank loan that expected to be paid within 13 months

   Creditors

Furniture and fittings

Mortgage

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