Accounting Equation

Accounting Equation

11th Grade

5 Qs

quiz-placeholder

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Accounting Equation

Accounting Equation

Assessment

Quiz

Financial Education

11th Grade

Practice Problem

Medium

Created by

MARINELLA ACUPAN

Used 5+ times

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would be the Asset if the Liability is 90,000 and the Owner’s Equity is 120,000?

210,000

2,500,000

363,000

5,000500

4,000,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would be the Liability if the Asset is 5,000,000 and the owner’s Equity is 2,500,000?

210,000

2,500,000

363,000

5,000500

4,000,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would be the Owner’s Equity if the Liability is 585,000 and the Asset is 948,000?

210,000

2,500,000

363,000

5,000500

4,000,000

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What would be the Owner’s Equity if the Asset is 5,999,100 and the Liability is 998, 600?

210,000

2,500,000

363,000

5,000500

4,000,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

 What would be the Asset if the Owner’s Equity is 3,000,000 and the Liability is 1,000,000?

210,000

2,500,000

363,000

5,000500

4,000,000

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