Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

FIXIT Computer Repair

Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

Weinstein Hotel

Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

Fresh Grocery Store

Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

Only Cuts Hair Salon

Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

Hartset-Jackson Airport

Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

Fashionmania Discount

Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

Spiffy Job Resume

Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

Rosebud Feed & Crain

Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

TSO Optical

Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

Debt-B-Gone Collection Agency

Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

Castel Cleaning

Based on the business name and your knowledge about different types of businesses, IDENTIFY this business as “Merchandise Business,” “Service Business” or “Goods and Services”

Buffman Gym & Health Foods

Which type of business does NOT provide physical goods to a customer?

Which of the following is NOT an example of a liability?

Which of the following does a debit represent?

Which of the following refers to payments made help a company earn value?

Which of the following is an example of a stockholder’s equity account?

company owned resources which have dollar values

money owed by a company

the value of the owner’s claims to the assets of a business

earnings for work completed or goods delivered

payments made to help the company earn revenue

left side of the accounting equation (assets)

right side of the accounting equation (liabilities and owner’s equity)