Accounting definition of terms
Authored by Vimbisai Millicent Rugweda
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KG
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5 questions
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1.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
- Is money used to start a business
(a)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Stock,debtors and cash are under
Current liabilities
Current assets
Longterm liabilities
Non current assets
3.
OPEN ENDED QUESTION
3 mins • 1 pt
Book keeping is
Evaluate responses using AI:
OFF
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The accounting equation is
Capital= Assets- liabilities
Capital= Assets+ liabilities
Assets= capital- liabilities
Liabilities= Capital+ Assets
5.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
Another name for Debtors is
(a)
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