Accounting terms

Accounting terms

12th Grade

12 Qs

quiz-placeholder

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Accounting terms

Accounting terms

Assessment

Quiz

Other

12th Grade

Easy

Used 17+ times

FREE Resource

12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one is asset

Cash

Loan

Rent paid

Rent received

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one is liability

Cash

Loan

Rent paid

Rent received

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which one is expense

Cash

Loan

Rent paid

Rent received

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mortgage is

Asset

Liability

Expense

Income

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gas bill is

Asset

Liability

Expense

Income

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Commission received is

Asset

Liability

Expense

Income

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Van is

Asset

Liability

Expense

Income

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