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BSBA FM 2Y- Online Quiz on FAR

Authored by Monciar Elenzano

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BSBA FM 2Y- Online Quiz on FAR
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100 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Determine the normal balance of Trade Receivables

Debit

Credit

Either

Neither, should be part of the Notes

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Determine the normal balance of Short-Term Investment

Debit

Credit

Either

Neither, should be part of the Notes

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Determine the normal balance of Machinery and Equipment

Debit

Credit

Either

Neither, should be part of the Notes

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Determine the normal balance of Trademarks

Debit

Credit

Either

Neither, should be part of the Notes

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Determine the normal balance of Allowance for Doubtful Accounts

Debit

Credit

Either

Neither, should be part of the Notes

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Determine the normal balance of Unearned Revenue

Debit

Credit

Either

Neither, should be part of the Notes

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Determine the normal balance of Accumulated Depreciation

Debit

Credit

Either

Neither, should be part of the Notes

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