Elements of accounting reports
Authored by yi yang
Business
University
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25 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Assets is (a) .
including three main elements!
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
liability is a (a) .
including the three elements
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Revenues are increases in assets or decreases in liabilities that result in (a) in
owner’s equity, other than those relating to contributions from the owner.
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Expenses are (a) or increases in liabilities that result in decreases in owner’s equity, other than those relating to distributions to the owner.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Accounts payable is ...
Assets
Liabilities
Owner's Equity
Revenue
Expenses
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
bank is ...
Assets
Liabilities
Owner's Equity
Revenue
Expenses
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Accounts receivable is ...
Assets
Liabilities
Owner's Equity
Revenue
Expenses
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