WorksheetsDR + CR Quiz Level 1
Total questions: 20
Worksheet time: 2mins
Name
Class
Date
1.
Assets increase
a)
Debit
b)
Credit
2.
Assets decrease
a)
Debit
b)
Credit
3.
Liabilities increase
a)
Debit
b)
Credit
4.
Liabilities decrease
a)
Debit
b)
Credit
5.
Owner's Equity increase
a)
Debit
b)
Credit
6.
Owner's Equity decrease
a)
Debit
b)
Credit
7.
Revenues increase
a)
Debit
b)
Credit
8.
Revenues decrease
a)
Debit
b)
Credit
9.
Expenses increase
a)
Debit
b)
Credit
10.
Expenses decrease
a)
Debit
b)
Credit
11.
Assets increase
a)
Debit
b)
Credit
12.
Assets decrease
a)
Debit
b)
Credit
13.
Liabilities increase
a)
Debit
b)
Credit
14.
Liabilities decrease
a)
Debit
b)
Credit
15.
Owner's Equity increase
a)
Debit
b)
Credit
16.
Owner's Equity decrease
a)
Debit
b)
Credit
17.
Revenues increase
a)
Debit
b)
Credit
18.
Revenues decrease
a)
Debit
b)
Credit
19.
Expenses increase
a)
Debit
b)
Credit
20.
Expenses decrease
a)
Debit
b)
Credit
100 %
