Chart of Accounts

Chart of Accounts

9th - 12th Grade

15 Qs

quiz-placeholder

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Chart of Accounts

Chart of Accounts

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Easy

Created by

Donna Sadowski

Used 75+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of account is "Supplies"?

Asset

Liability

Owners Equity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of account is "Accounts Receivable"?

Asset

Liability

Owners Equity

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of account is "Capital"?

Asset

Liability

Owners Equity

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of account is "Rent Expense"?

Asset

Liability

Owners Equity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of account is "Prepaid Insurance"?

Asset

Liability

Owners Equity

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of account is "Sales"?

Asset

Liability

Owners Equity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of account is "Utilities Expense"?

Asset

Liability

Owners Equity

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