Free Printable classification of assets and liabilies set 1

Free Printable Worksheets

Worksheets

classification of assets and liabilies set 1

Total questions: 10

Worksheet time: 5mins

Name

Class

Date

1.

Cash on hand

a)

NCA

b)

CA

c)

NCL

d)

CL

e)

C

2.

office fax machine

a)

NCA

b)

CA

c)

NCL

d)

CL

e)

C

3.

owner’s contributions

a)

NCA

b)

CA

c)

NCL

d)

CL

e)

C

4.

Freehold premises

a)

NCA

b)

CA

c)

NCL

d)

CL

e)

C

5.

fitting and fixtures

a)

NCA

b)

CA

c)

NCL

d)

CL

e)

C

6.

equity

a)

NCA

b)

CA

c)

NCL

d)

CL

e)

C

7.

office computers

a)

NCA

b)

CA

c)

NCL

d)

CL

e)

C

8.

bank overdraft

a)

NCA

b)

CA

c)

NCL

d)

CL

e)

C

9.

cash register

a)

NCA

b)

CA

c)

NCL

d)

CL

e)

C

10.

trade creditors

a)

NCA

b)

CA

c)

NCL

d)

CL

e)

C

100 %

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