HM6153 ACCOUNTING FINAL QUIZ

A financial ratio wherein it measures the proportion of borrowed capital to invested capital

• CURRENT RATIO

• DEBT/EQUITY RATIO

• QUICK RATIO

• LIQUIDITY RATIO

Contains all the account – one for each assets, liability, equity, income and expense that is use in the journalizing process

• GENERAL UPHOLSTERY

• GENERAL LEDGER

• GENERAL JOURNAL

• GENERAL BOOKS

The most common form of ledger acoounts similar to big letter “T, with a left or debit side, and right or credit side.

• T-ACCOUNT FORM

• U-ACCOUNT FORM

• V-ACCOUNT FORM

• X-ACCOUNT FORM

An organized and classified list of account titles and codes that are used in recording and classifying process

• CHART OF ACCOUNTS

• CHART OF TITLE

• CHART OF ORGANIZATION

• CHART OF EVENTS

TRUE OR FALSE

Accounting is classifying, journalizing and summarizing business transaction.

• TRUE

• FALSE

• MAYBE

What is the full name of your Accounting teacher?

• JEFFRY D. MACARAEG

• JEFFREY D. MACARAEG

• JEFFREY D. MACARAIG

• JEFFREY B. MACARAEG