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WorksheetsAccounting concepts
Total questions: 20
Worksheet time: 11mins
Vehicles are ......
Assets
Income
Liabilities
Expenses
Equipment is seen as an / a ......
Asset
Income
Liability
Expense
Land and buildings are an / a ......
Asset
Income
Liability
Expense
Trading stock is an / a ......
Asset
Income
Liability
Expense
Bank is seen as an / a ......
Asset
Income
Liability
Expense
Petty cash is seen as an / a ......
Asset
Income
Liability
Expense
Cash float is seen as an / a ......
Asset
Income
Liability
Expense
Debtors are seen as an / a ......
Asset
Income
Liability
Expense
A fixed deposit is seen as an / a ......
Asset
Income
Liability
Expense
Sales are seen as an / a......
Asset
Income
Liability
Expense
Cost of sales are seen as an / a......
Asset
Income
Liability
Expense
Stationery is seen as an / a......
Asset
Income
Liability
Expense
Insurance is seen as an / a......
Asset
Income
Liability
Expense
Packing material is seen as an / a......
Asset
Income
Liability
Expense
Current income is seen as an / a......
Asset
Income
Liability
Expense
Debtors allowances are seen as an / a......
Asset
Income
Liability
Expense
Interest on Loans are seen as an / a......
Asset
Income
Liability
Expense
Creditors are seen as an / a......
Asset
Income
Liability
Expense
Which accounts will be debited when they increase?
Asset
Income
Liability
Expense
Drawings
Which accounts will be credited when they increase?
Asset
Income
Liability
Expense
Capital
