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Classify 20 Accounts

Authored by Simon Murray

Business

11th Grade

Used 1+ times

Classify 20 Accounts
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Advertising Expense

Non-current Liability
Equity
Expense
Non-current Asset

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounts Payable

Equity
Revenue
Equity (Contra)
Current Liability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Accounts Receivable

Current Liability
Revenue
Non-current Liability
Current Asset

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bank Loan (Loan Payable)

Non-current Asset
Current Asset
Non-current Liability
Equity (Contra)

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Capital / Owner's Equity

Equity (Contra)
Revenue
Equity
Expense

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Cash

Non-current Liability
Equity
Expense
Current Asset

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Depreciation Expense

Expense
Current Liability
Equity
Equity (Contra)

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