NEW
Font size
WorksheetsClassification of accounts
Total questions: 10
Worksheet time: 5mins
Sales is classified as an ............ account.
Asset
Liability
Equity
Income
Trading Stock is classified as an ............ account.
Expense
Asset
Liability
Equity
Drawings is classified as an ............ account.
Income
Asset
Liability
Equity
Cost of Sales is classified as an ............ account.
Income
Expense
Asset
Liability
Petty Cash is classified as an ............ account.
Equity
Income
Asset
Liability
Debtors' Control is classified as an ............ account.
Income
Expense
Asset
Liability
Vehicles is classified as an ............ account.
Equity
Income
Expense
Asset
Creditors' Control is classified as an ............ account.
Liability
Equity
Income
Expense
Cash Float is classified as an ............ account.
Asset
Liability
Equity
Income
Consumable Stores
Expenses
Asset
Liability
Equity
