Bookkeeping (English for Accounting)
Authored by Helena Dunn
Other
University
Used 23+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 20 pts
Formal organized system of recording financial transactions is called
Audit
Bookkeeping
Credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 20 pts
The two basic systems of bookeeping are
Double Entry and Single Entry
Triple Entry and Single Entry
Triple Entry and Double Entry
3.
MULTIPLE CHOICE QUESTION
30 sec • 20 pts
Record of the financial transactions that concern one item or group of similar items is called
Capital
Account
Reference
4.
MULTIPLE CHOICE QUESTION
30 sec • 20 pts
The picture above is called
Journal
Ledger
5.
MULTIPLE CHOICE QUESTION
30 sec • 20 pts
Basic Accounting Formulas
ASSETS = LIABILITIES - OWNER'S EQUITY
True
False
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
