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WorksheetsBookkeeping
Total questions: 15
Worksheet time: 8mins
Identify if Asset, Liability, or Owner's Equity.
Asset
Liability
Owner's Equity
Identify if Asset, Liability, or Owner's Equity.
Asset
Liability
Owner's Equity
Identify if Asset, Liability, or Owner's Equity.
Asset
Liability
Owner's Equity
Identify if Asset, Liability, or Owner's Equity.
Asset
Liability
Owner's Equity
Identify if Asset, Liability, or Owner's Equity.
Asset
Liability
Owner's Equity
Identify if Asset, Liability, or Owner's Equity.
Asset
Liability
Owner's Equity
Identify if Asset, Liability, or Owner's Equity.
Asset
Liability
Owner's Equity
Identify if Asset, Liability, or Owner's Equity.
Asset
Liability
Owner's Equity
Identify if Asset, Liability, or Owner's Equity.
Asset
Liability
Owner's Equity
Identify if Asset, Liability, or Owner's Equity.
Asset
Liability
Owner's Equity
What would be the cash entry in the journal book if the owner pays for the purchased furniture?
Debit
Credit
Dr. Xia received ₱25,000 for services provided to a patient. What would be the professional fee for entry?
Debit
Credit
Dr. Xia received ₱25,000 cash for services provided to a patient. What would be the cash entry?
Debit
Credit
On January 01, 2021, Tilly rent a car to use in her business operations. The rental fee is ₱8000 per month and made the first payment of ₱24,000 (8000 x 3) at the beginning of the contract. What account are you going to debit on the first entry?
Rent Expense
Accrued Rent
Rent Payable
Shop YG sold 100 items of clothes. What will be the effect on the inventory?
Debit
Credit
Rent Payable
