charts of accounts
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1st - 5th Grade
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13 questions
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1.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
cash
(a)
2.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
accounts receivable
(a)
3.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
allowance for bad debts
(a)
4.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
notes receivable
(a)
5.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
inventory
(a)
Answer explanation
Inventory: Goods held for sale in the ordinary course of business.
Supplies: Goods used in the operation of a business, not for resale.
6.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
supplies
(a)
Answer explanation
Inventory: Goods held for sale in the ordinary course of business.
Supplies: Goods used in the operation of a business, not for resale.
7.
FILL IN THE BLANKS QUESTION
1 min • 1 pt
prepaid rent
(a)
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