Classification of Accounts
Authored by GEORGE PILAPIL
Financial Education
University
Used 4+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
SSS Contribution
Assets
Liability
Expense
Revenue
Owners’ Equity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Notes Payable
Assest
Liability
Owner's Equity
Expense
Revenue
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash on hand
Asset
Liability
Owner's Equity
Expenses
Revenue
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Prepaid Utilities
Asset
Liability
Expense
Revenue
Owner's Equity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Building
Asset
Liability
Owner's Equity
Expense
Revenue
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Notes Payable
Asset
Liability
Owner's Equity
Expense
Revenue
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest Expense
Asset
Liability
Revenue
Expense
Owner's Equity
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