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Accounting concepts

Authored by Baron Carline

Other

10th Grade

Used 5+ times

Accounting concepts
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10 questions

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1.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Money owner take for his own use.

(a)  

2.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

What is an example of a fixed asset that can last for more than 20 years?

(a)  

3.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Assets is equal to owners equity plus (a)  

4.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

A journal that summarises all income.

(a)  

5.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Recording book where the double entry system is applied

(a)  

6.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

What do you call the list with all ledger accounts with their balances?

(a)  

7.

FILL IN THE BLANKS QUESTION

1 min • 1 pt

Ethics is knowing the difference between wrong and (a)  

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