Accounting Concepts and Terminologies

Accounting Concepts and Terminologies

12th Grade

24 Qs

quiz-placeholder

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Accounting Concepts and Terminologies

Accounting Concepts and Terminologies

Assessment

Quiz

Other

12th Grade

Practice Problem

Hard

Created by

Manju Navani

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24 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

Why choose Commerce Subject Group at 21K School?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What will we be learning in this chapter?

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3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify whether the given transactions are Cash or Credit. Transaction 2 : Purchased a new laptop online and paid for it using a credit card.

Cash

Credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify whether the given transactions are Cash or Credit. Transaction 2 : Ordered a Pizza from a restaurant and told the owner he will make the payment on last day of the month.

Cash

Credit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify whether the given transactions are Cash or Credit. Transaction 3 : Visited a book store and purchased stationery by paying amount immediately.

Cash

Credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Identify whether the given transactions are Cash or Credit. Transaction 4 : Purchased grocery for his house by agreeing to make the payment within a week.

Cash

Credit

7.

OPEN ENDED QUESTION

3 mins • 1 pt

List few businesses which have evolved in the past few years e.g. Paytm.

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