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Test Your Understanding About Balance Sheets

Authored by Isra Wahaibi

Business

12th Grade

Used 3+ times

Test Your Understanding About Balance Sheets
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The "Cash in Bank" appear on Balance Sheet as:

Current Liability

Non-Current (Fixed) Intangible Assets

Current Assets

Non-Current (Fixed) tangible Assets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The "Retained Earnings" appear on Balance Sheet as:

Current Assets

Shareholders' Equity

Non-Current (Fixed) Intangible Assets

Non-Current (Fixed) tangible Assets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The "Value of Patents" appear on Balance Sheet as:

Current Assets

Current Liabilities

Non-Current (Fixed) Intangible Assets

Non-Current Liabilities

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The "Trade Receivables" appear on Balance Sheet as:

Shareholders' Equity

Current Liabilities

Non-Current(Fixed) Tangible Assets

Current Assets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The "Dividends owed to shareholders" appear on Balance Sheet as:

Current Liabilities'

Shareholders' Equity

Non-Current Liabilities'

Current Assets

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The "Issued share capital" appear on Balance Sheet as:

Non-Current(Fixed) tangible Assets

Non-Current Liabilities

Current Assets

Shareholders' Equity

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The "Accounts Payable" appear on Balance Sheet as:

Current Assets

Current Liabilities

Non-Current(Fixed)

Intangible Assets

Non-Current Liabilities

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