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Accounting Quiz

Authored by ROSALINA YULIANTI

Financial Education

12th Grade

Used 2+ times

Accounting Quiz
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30 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Below are not the benefits and functions of closing journal entries ...

Transfers the balance of income summary into capital

Transfers the depreciation balance into accumulated depreciation

Transfers owner’s drawing balance into capital

Transfers an expense balance into an income summary

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The right accounting cycle is ...

Transaction  Journal Entries  Posting  Trial Balance Adjusting Entries Financial Statements Worksheet Closing Entries

Transaction  Journal Entries  Posting  Trial Balance  Financial Statements  Adjusting Entries  Worksheet Closing Entries

Transaction  Journal Entries  Trial Balance  Posting  Worksheet  Adjusting Entries  Financial Statements  Closing Entries

Transaction  Journal Entries  Posting  Trial Balance  Worksheet  Adjusting Entries  Financial Statements  Closing Entries

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

  1. 1. Auditing

  2. 2. cost accounting

  3. 3. Tax accounting

  4. 4. administrasion

  5. 5. accounting lecturer

  6. Based on the professions above which included in some specialist accounting are...

1, 2 and 3

2, 3 and 5

2, 3 and 4

1, 2 and 5

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

At the end of the fiscal year, receivables have a balance of Rp500.000.000,00, and allowance for uncollectible accounts have a balance of Rp12.000.000,00.The expected net realizable value of receivables is ...

Rp488.000.000,00

Rp500.000.000,00

Rp512.000.000,00

Rp521.000.000,00

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

the type of account that has a normal debit balance is ...

Liabilities

Owner’s drawing

Equity

Revenue

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Below is a component of cash flow in the statement of cash flow, except ......

Cash flow from the company's operations

Cash flow from investment activities

Cash flow from funding activities

Personal cash flow

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Initial Capital Rp150.000.000,00 Profit Rp38.500.000,00 Drawing Rp7.000.000,00 The final capital is ...

Rp188.500.000,00

Rp181.500.000,00

Rp180.500.000,00

Rp118.500.000,00

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