Accounting concepts

Quiz
•
Other
•
10th Grade
•
Medium
Baron Carline
Used 4+ times
FREE Resource
10 questions
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1.
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1 min • 1 pt
Money owner take for his own use.
2.
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1 min • 1 pt
What is an example of a fixed asset that can last for more than 20 years?
3.
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1 min • 1 pt
Assets is equal to owners equity plus....
4.
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1 min • 1 pt
A journal that summarises all income.
5.
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1 min • 1 pt
Recording book where the double entry system is applied
6.
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1 min • 1 pt
What do you call the list with all ledger accounts with their balances?
7.
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1 min • 1 pt
Ethics is knowing the difference between wrong and .......
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