WorksheetsEBS Accounting Quiz - Who wants to be a Millionaire?
Total questions: 12
Worksheet time: 7mins
When cash is received, the account "Cash" will be
Debited
Credited
What will usually cause an asset account to increase?
Debit
Credit
The financial statement that reports the assets, liabilities, and stockholders' (owner's) equity at a specific date is the
Balance Sheet
Income Statement
Statement of Cash Flows
Janice earned $40.00 selling lemonade. Her profit was $32.00. How much were her expenses?
$74.00
$34.00
$8.00
$6.00
What is the increase side of Accounts Receivable--Brighton Engineering?
Debit
Credit
What is the classification of Accounts Payable--Unilever?
Asset
Liability
Owner's Equity
Expense
Interest rate = 2.5%
TIme = 3 years.
How much simple interest?
How many months have 28 days?
2
1
All of them
Depends if there's a leap year or not.
Are you looking forward for the MCO to end and start enjoying the outdoors? P/S: I'm beginning to miss my hot laksa :-)
Yes
No
