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name of accounts

Total questions: 12

Worksheet time: 7mins

Name
Class
Date
1.

Which accounting elements relates to "What a business owns"?

a)

Liabilities

b)

Income

c)

Equity

d)

Assets

2.

What is the main purpose of bookkeeping?

a)

To record the business transactions of an enterprise

b)

To open a current account with a bank

c)

To determine profit or loss made by a business

d)

To debit when cash is received and credit when cash is paid out

3.

Which of the following is an asset?

a)

Capital 资本

b)

Stationery 文具

c)

Lands And Buildings 土地与建筑物

d)

Wages And Salaries 工资与薪金

4.

which of the following is a liability?

a)

Purchases 购货

b)

Sales 销货

c)

Bank Loan 银行贷款

d)

Interest On Bank Loan 银行贷款利息

5.

Which of the following is an equity?

a)

Carriage Outwards 销货运费

b)

Capital 资本

c)

Cash At Bank 银行存款

d)

Discount Allowed 销货折扣

6.

Which of the following is an income?

a)

Discount Received 购货折扣

b)

Purchases 购货

c)

Water And Electricity 水电费

d)

Fixtures And Fittings 装置与设备

7.

Which of the following is an expense?

a)

Bank Overdraft 银行透支

b)

Drawings 提取

c)

Sales 销货

d)

Stationery 文具

8.

Which of the following is an asset?

a)

Inventory 存货

b)

Cash On Hand 手头现金

c)

Office Equipment 办公设备

d)

Interest On Loan

9.

Which of the following is a liability?

a)

Bank Overdraft 银行透支

b)

Capital 资本

c)

Accounts Payable 债权人

d)

Customs Duties 关税

10.

Which of the following is an income?

a)

Printing And Stationery 印刷费与文具

b)

Travelling Expenses 旅差费

c)

Discount Received 购货折扣

d)

Commission Income 佣金收入

11.

Which of the following is not an asset?

a)

Buildings

b)

Accounts receivable

c)

Loan

d)

Cash in hand

12.

Which of the following best describes the meaning of ‘Purchases’?

a)

Items bought

b)

Goods bought on credit

c)

Goods paid by cheque

d)

Goods bought for resale