WorksheetsFABM 1
Total questions: 10
Worksheet time: 50secs
Name
Class
Date
1.
Cash
a)
Equity
b)
Assets
c)
Liabilities
d)
Expense
e)
Revenue
2.
Prepaid Expense
a)
Equity
b)
Assets
c)
Liabilities
d)
Expense
e)
Revenue
3.
Professional Fees
a)
Equity
b)
Assets
c)
Liabilities
d)
Expense
e)
Revenue
4.
Loans Payable
a)
Equity
b)
Assets
c)
Liabilities
d)
Expense
e)
Revenue
5.
Utilities Expense
a)
Equity
b)
Assets
c)
Liabilities
d)
Expense
e)
Revenue
6.
Owner's Drawing
a)
Equity
b)
Assets
c)
Liabilities
d)
Expense
e)
Revenue
7.
Service Revenue
a)
Equity
b)
Assets
c)
Liabilities
d)
Expense
e)
Revenue
8.
Accounts and Notes Receivables
a)
Equity
b)
Assets
c)
Liabilities
d)
Expense
e)
Revenue
9.
Owner's Capital
a)
Equity
b)
Assets
c)
Liabilities
d)
Expense
e)
Revenue
10.
Furniture
a)
Equity
b)
Assets
c)
Liabilities
d)
Expense
e)
Revenue
100 %
