WorksheetsAccounting
Total questions: 25
Worksheet time: 13mins
Things you own
Asset
Liability
Things you owe
Asset
Liability
Initial investment plus retained earnings
Asset
Liability
Owner's Equity
Items found on a balance sheet
Income, Expense, Net Loss, Net Profit
Assets, Liabilities, Owner's Equity
Income, Liabilities
Assets, Expenses
Items found on an Income Statement
Income, Expenses, Net Profit, Net Loss
Assets, Liabilities, Owner's Equity
Income, Liabilities
Assets, Expenses
What category? Cash
Asset
Liability
What category? Accounts Receivable
Asset
Liability
What category? Inventory
Asset
Liability
What category? Mortgage
Asset
Liability
What category? Equipment
Asset
Liability
What category? Property (land, Buildings)
Asset
Liability
What category? Accounts Payable
Asset
Liability
What category? Furniture
Asset
Liability
What category? Accounts Receivable
Asset
Liability
What category? Interest Payable
Asset
Liability
What category? Electricity
Income
Expense
What category? Wages
Income
Expense
What category? Phone Service
Income
Expense
What category? Sales
Income
Expense
What category? Advertising
Income
Expense
What category? Interest Income
Income
Expense
What category? Rent
Income
Expense
What category? Wages
Income
Expense
In accounting, which of the following increases the amount in an account
Debit
Credit
In accounting, which is on the right side of an account?
Debit
Credit
