Free Printable FABM 2 Wk 1 Practice Set 4

Free Printable Worksheets

Worksheets

FABM 2 Wk 1 Practice Set 4

Total questions: 25

Worksheet time: 4mins

Name

Class

Date

1.

Notes Receivable

a)

Asset

b)

Liability

c)

Capital

2.

Accounts Payable

a)

Asset

b)

Liability

c)

Capital

3.

Prepaid Rent

a)

Asset

b)

Liability

c)

Capital

4.

Unexpired Insurance

a)

Asset

b)

Liability

c)

Capital

5.

Cash on Hand

a)

Asset

b)

Liability

c)

Capital

6.

SSS premium expense

a)

Asset

b)

Liability

c)

Capital

7.

Land

a)

Asset

b)

Liability

c)

Capital

8.

Building

a)

Asset

b)

Liability

c)

Capital

9.

Interest Income

a)

Asset

b)

Liability

c)

Capital

10.

Accumulated Depreciation

a)

Asset

b)

Liability

c)

Capital

11.

Office supplies expense

a)

Asset

b)

Liability

c)

Capital

12.

Office Supplies Inventory

a)

Asset

b)

Liability

c)

Capital

13.

Bad debts expense

a)

Asset

b)

Liability

c)

Capital

14.

Antonio, Drawing

a)

Asset

b)

Liability

c)

Capital

15.

Salaries payable

a)

Asset

b)

Liability

c)

Capital

16.

Withholding tax payable

a)

Asset

b)

Liability

c)

Capital

17.

Allowance for bad debts

a)

Asset

b)

Liability

c)

Capital

18.

Interest expense

a)

Asset

b)

Liability

c)

Capital

19.

Depreciation expense

a)

Asset

b)

Liability

c)

Capital

20.

Unearned interest income

a)

Asset

b)

Liability

c)

Capital

21.

Utilities expense

a)

Asset

b)

Liability

c)

Capital

22.

Accounts receivable

a)

Asset

b)

Liability

c)

Capital

23.

Accrued interest income

a)

Asset

b)

Liability

c)

Capital

24.

Office equipment

a)

Asset

b)

Liability

c)

Capital

25.

Merchandise Inventory

a)

Asset

b)

Liability

c)

Capital

Reset

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