ACC QUIZ JUNE

ACC QUIZ JUNE

University

20 Qs

quiz-placeholder

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ACC QUIZ JUNE

ACC QUIZ JUNE

Assessment

Quiz

Education

University

Medium

Created by

DIANE MARBUN

Used 5+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

What does equity mean in accounting?

a. The portion of a company's value that belongs to the owners' or shareholders

b. The money a company owes to creditors

c. The profits earned by a company in a given year

d. The total expenses incurred by a company in a given year

2.

FILL IN THE BLANK QUESTION

20 sec • 5 pts

Jika kamu berada di balik seseorang yang berdiri tepat di depanmu, dan dia juga berada di balik mu yang menghadap ke arah yang sama, siapakah orang itu? D__i s_____i

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

A service company purchased new office equipment for $20,000 on credit. The company paid $5,000 in cash and promised to pay the remaining amount in 6 months. How would this transaction affect the company's accounting equation?

a. Increase assets and increase liabilities

b. Increase assets and decrease liabilities

c. Decrease assets and increase liabilities

d. Decrease assets and decrease liabilities

4.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

What does owner's equity mean in accounting?

a. The money invested by shareholders in the company

b. The residual interest in the assets of a company after deducting liabilities

c. The portion of a company's value that belongs to the owners shareholders

d. The profits earned by a company in a given year

5.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

Jika di suatu pohon ada 8 burung dan dua diantaranya ditembak mati oleh pemburu berapa total burung yang lari?

a. 6

b. 8

c. 0

d. 2

6.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

  1. PT ABC is a merchandising company that sells products to customers. The following information is available for the month of January:

Beginning inventory: $10,000

Purchases during the month: $50,000

Sales revenue: $80,000

Ending inventory: $15,000

Operating expenses: $12,000

Please calculate gross profit of PT ABC....


a. $80.000

b. $35.000

c. $65.000

d. $68.000

7.

MULTIPLE CHOICE QUESTION

20 sec • 5 pts

What can companies do to manage their current liabilities effectively?

a. Delay payment to suppliers

b. Increase the amount of long term debt

c. Increase the amount of shareholders equity

d. Improve cash flow management

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