BUSINESS TRANSACTIONS EFFECT

BUSINESS TRANSACTIONS EFFECT

11th Grade

5 Qs

quiz-placeholder

Similar activities

tMHFA Session 1 Questions

tMHFA Session 1 Questions

9th - 12th Grade

10 Qs

Understanding the Zones 2

Understanding the Zones 2

9th - 12th Grade

10 Qs

Elyon RTL Policy Quiz

Elyon RTL Policy Quiz

10th - 12th Grade

10 Qs

Conventional vs Climb Cutting

Conventional vs Climb Cutting

10th - 12th Grade

10 Qs

IQ#3 MODULE 3 IN OM

IQ#3 MODULE 3 IN OM

11th Grade

10 Qs

Sumatif 3 Berita Acara Pemeriksaan Kas Kecil

Sumatif 3 Berita Acara Pemeriksaan Kas Kecil

11th Grade

10 Qs

Respiratory System

Respiratory System

KG - University

10 Qs

MBTA Quiz

MBTA Quiz

KG - University

10 Qs

BUSINESS TRANSACTIONS EFFECT

BUSINESS TRANSACTIONS EFFECT

Assessment

Quiz

Specialty

11th Grade

Practice Problem

Hard

Created by

Roxanne Rada

Used 4+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1. Purchased supplies for cash. What accounting element being affected?

Increased in Asset Decreased in Asset

Increased in Liabilities

Decreased in Liabilities

Increased in OE and Decreased in OE

Increased in Asset Deceased in Asset

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2. Paid salary of employees.

Decreased in Owner's Equity

Increase in Assets

Decreased in Assets

Decreased in Owner's Equity

Increased in Liabilities Decreased in Assets

Increased in Owner's Equity Increased in Assets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

3. Bought computer set on account.

Increased in Assets

Increased in Liabilities

Increased in Assets

Decreased in Assets

Increased in Liabilities

Decreased in Liabilities

Increased in Assets

Increased in OE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4. Rendered service to customer on account.

Increased in Assets

Increased in OE

Increased in Assets

Decreased in OE

Increased in OE

Decreased in Assets

Increased in Liabilities

Decreased in Assets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5.Received cash as payment for the service rendered.

Increased in OE

Decreased in Assets

Increased in Assets

Increased in OE

Increased in Liabilities

Decreased in Liabilities

Increased in OE

Decreased in OE

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?