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Quiz_for_Accounts

Total questions: 5

Worksheet time: 2mins

Name
Class
Date
1.

The term cash includes

a)

Furniture

b)

Cash

c)

Stock in trade

d)

Advance Payments

2.

What sort of reserve is a provision

a)

Provision for Depreciation

b)

Provision for Taxation

c)

Capital Reserve

d)

Provision for Repairs

e)

General Reserve

3.

Window dressing is prohibited by the which concept of Accounting (a)  

4.

The logo belongs to

a)

Unilever

b)

Reliance

c)

Dabur

d)

Spotify

5.

 Assets = Capital + LiabilitiesAssets\ =\ Capital\ +\ Liabilities  is 

a)

An Accounting Equation

b)

Balance Sheet

c)

Owner's Equity

d)

Creditors Payment