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Records Vocab

Authored by Mrs. Beck

Business

10th Grade

Used 9+ times

Records Vocab
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34 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

a complete list of items such as property, goods in stock, or the contents of a building

Inventory

Debit

Accounts payable

Income statement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the word to describe anything that has value in a business?

Capital

Liability

Asset

Revenue

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What word describes people/businesses that you owe money to?

Asset

Liability

Capital

Revenue

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The owner's share of the business is referred to as:

Asset

Liability

Capital

Revenue

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which classification would this account have: EQUIPMENT

Revenue

Liability

Asset

Capital

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Classify this account: VERIZON WIRELESS PHONE COMPANY

Asset

Liability

Capital

Revenue

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

money owed to a company by its debtors

debit

accounts receivable

accounts payable

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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

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