Recording Transaction

Recording Transaction

University

10 Qs

quiz-placeholder

Similar activities

Information Systems in Organisations - Part 1

Information Systems in Organisations - Part 1

University

10 Qs

TOPIC 3 ACCOUNTIN CYCLE

TOPIC 3 ACCOUNTIN CYCLE

University

13 Qs

Lesson 1 (Pre-assessment 1)

Lesson 1 (Pre-assessment 1)

University

15 Qs

SHIP STABILITY IN NAVAL ARCHITECTURE

SHIP STABILITY IN NAVAL ARCHITECTURE

University

10 Qs

Cardiovascular System

Cardiovascular System

University

10 Qs

Tynker Tynker

Tynker Tynker

3rd Grade - Professional Development

9 Qs

E COMMERCE

E COMMERCE

University

10 Qs

Recording Transaction

Recording Transaction

Assessment

Quiz

Education

University

Practice Problem

Medium

Created by

Việt Nguyễn

Used 89+ times

FREE Resource

AI

Enhance your content in a minute

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

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

1. Capital is paid into the bank by the owner?

Assets increase

Liabilities increase

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

2. Goods are purchased on credit terms?

Assets decrease

Liabilities increase

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

3. Goods are purchased for cash?

Liabilities increase and decrease

Assets increase and decrease

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

4. Equipment is sold for cash?

Assets increase and decrease

Assets and liabilities increase

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

5. An accounts payable is settled in cash?

Liabilities decrease

Liabilities increase

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

6. An accounts receivable is settled in cash?

Liabilities increase and decrease

Assets increase and decrease

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

7. The owner takes cash for personal use?

Equity increases

Assets decrease

Create a free account and access millions of resources

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?