WorksheetsAccounting Terms
Total questions: 10
Worksheet time: 3hrs 30mins
Accountants who meet specific educational requirements and pass a national examination.
certified public accountant
bank teller
controller
manager
Which items would you find on a balance sheet?
assets
liabilities
owner's equity
all answers
The system of recording and reporting financial activity and transactions.
accounting
audit
liabilities
expenses
Results when a business' expenses are greater than its income.
profit
loss
income
checks
The amount of money that a company earns is called...
revenue
liabilities
budget
statements
What is net worth of a business?
income statement
balance sheet
owner's equity
statement
A worker who handles bank deposits and withdrawals.
bank teller
CPA
accountant
auto mechanic
Which of the following are assets?
buildings you own
land
office equipment
all of the answers are correct
Which is a liability?
taxes to be paid
land
office equipment
buildings you own
Which items are on an income statement?
revenue
expenses
net income
all answers are correct
