WorksheetsQuiz for Double entry system (part 1)
Total questions: 16
Worksheet time: 5mins
资产
(a)
负债
(a)
撤资
(a)
revenue
(a)
费用
(a)
应收账款
(a)
应付账款
(a)
element
(a)
账户
(a)
purchase
(a)
sales
(a)
What is the accounting equation?
Asset = Liability + Drawing
Liability = Asset + Capital
Capital = Asset + Liability
Asset = Liability + Capital
Which one is correct?
Opening capital = Closing capital + capital introduced + profit(-loss)- Drawing
Closing capital = opening capital + capital introduced + profit(-loss)+ Drawing
Closing capital = opening capital + capital introduced + profit(-loss)- Drawing
Closing capital = opening capital - capital introduced + profit(-loss)- Drawing
Which one is correct?
Profit or loss = Revenue +Cost of sale + other income + expense
Profit or loss = Revenue -Cost of sale + other income – expense
Profit or loss = Revenue -Cost of sale - other income – expense
Profit or loss = Revenue +Cost of sale - other income+ expense
When purchase increase and trade payable increase, it belongs to?
(a)
When sales increase and trade receivable increase, it belongs to?
(a)
