wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

English for accounting

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

A list of all employees and their wages

a)

balance sheet

b)

payroll

c)

liquid assets

d)

liability

2.

an accounting record where all business transactions are initially entered

a)

journal

b)

expense

c)

balance sheet

d)

property

3.

money that is spent to purchase goods or services provided by someone else

a)

cash flow

b)

liquid assets

c)

net income

d)

expense

4.

a detailed summary of a person's or a company's financial condition at a specific point in time, taking into account their assets, liabilities, etc.

a)

balance sheet

b)

property

c)

liability

d)

equity

5.

something that is legally owned by a person or company

a)

liquid assets

b)

liability

c)

equity

d)

property

6.

liability

a)

an obligation to settle a debt; money owed to someone

b)

a list of all employees and their wages

c)

money that is spent to purchase goods or services provided by someone else

d)

money remaining after all expenses and taxes have been paid

7.

equity

a)

a list of all employees and their wages

b)

cash or something that is easily convertible into cash

c)

this word has 2 meanings: "stock (shares)" and "net worth"

d)

money that is spent to purchase goods or services provided by someone else

8.

cash flow

a)

a list of all employees and their wages

b)

the balance of cash receipts minus cash payments over a given period of time

c)

an accounting record where all business transactions are INITIALLY entered

d)

money that is spent to purchase goods or services provided by someone else

9.

liquid assets

a)

this word has 2 meanings: "stock (shares)" and "net worth"

b)

the balance of cash receipts minus cash payments over a given period of time

c)

cash or something that is easily convertible into cash

d)

something that is legally owned by a person or company

10.

net income

a)

something that is legally owned by a person or company

b)

this word has 2 meanings: "stock (shares)" and "net worth"

c)

the balance of cash receipts minus cash payments over a given period of time

d)

money remaining after all expenses and taxes have been paid