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Accounting ch 18

Authored by KAITLYN VECCHIO

Other

11th Grade

Used 1+ times

Accounting ch 18
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6 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An amount that is added to or subtracted from an account balance to bring that balance up to date.

Adjustment

Asset

Ten column worksheet

Accounts payable

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The merchandise a business has on hand at the beginning of a period.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

The merchandise a business has on hand at the end of a period.

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

An actual count of all merchandise on hand and available for sale.

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

An expense paid in advance.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Journal entries that update the general ledger accounts at the end of a period.

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