The amount of money owed by customers or clients to a business after goods or services have been delivered and/or used.

Accounting

Quiz
•
English
•
University
•
Easy

Mili Mejía M.
Used 2+ times
FREE Resource
8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Liabiities
Assets (Fixed and current)
Accounts receivable
Accounts payable
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A systematic way of recording and reporting financial transactions for a business or organization.
Equity
Assets (Fixed and current)
Accounts receivable
Accounting
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In this ledger, transactions are recorded chronologically.
Transactions
Equity
Balance
Journal
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things that the company owns and are sometimes refered to as the resources of the company
Balance sheet
Assets
Liabilities
Costs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Obligations of the company or amounts owed to others...
Equity
Liabilities
Assets
Dividents
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
One example of revenue is
7.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
How do you say "CONTABILIDAD" in English?
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Management accounting information is designed and intended for users from outside the company.
True
False
Not given
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