Free Printable Accounting Classification

Free Printable Worksheets

Worksheets

Accounting Classification

Total questions: 20

Worksheet time: 2hrs 40mins

Name

Class

Date

1.

Building

a)

Asset

b)

Owner Equity

c)

Liability

d)

Expenses

e)

Revenue

2.

Office Equipment

a)

Asset

b)

Liability

c)

Revenue

d)

Expense

e)

Owner Equity

3.

Accounts Payable / Creditor

a)

Owner Equity

b)

Revenue

c)

Liability

d)

Asset

e)

Expense

4.

Accounts Receivable / Debtor

a)

Owner Equity

b)

Revenue

c)

Liability

d)

Asset

e)

Expense

5.

Purchase

a)

Owner Equity

b)

Revenue

c)

Liability

d)

Asset

e)

Expense

6.

Land

a)

Owner Equity

b)

Revenue

c)

Liability

d)

Asset

e)

Expense

7.

Rent received

a)

Owner Equity

b)

Revenue

c)

Liability

d)

Asset

e)

Expense

8.

Furniture

a)

Owner Equity

b)

Revenue

c)

Liability

d)

Asset

e)

Expense

9.

Discount received

a)

Owner Equity

b)

Revenue

c)

Liability

d)

Asset

e)

Expense

10.

Long term loan

a)

Owner Equity

b)

Revenue

c)

Liability

d)

Asset

e)

Expense

11.

Rent expenses

a)

Owner Equity

b)

Revenue

c)

Liability

d)

Asset

e)

Expense

12.

Sales

a)

Expense

b)

Owner Equity

c)

Revenue

d)

Liability

e)

Asset

13.

Drawing

a)

Expense

b)

Owner Equity

c)

Revenue

d)

Liability

e)

Asset

14.

Dividends received

a)

Expense

b)

Owner Equity

c)

Revenue

d)

Liability

e)

Asset

15.

Cash at bank

a)

Expense

b)

Owner Equity

c)

Revenue

d)

Liability

e)

Asset

16.

Advertising

a)

Expense

b)

Owner Equity

c)

Revenue

d)

Liability

e)

Asset

17.

Salaries

a)

Expense

b)

Owner Equity

c)

Revenue

d)

Liability

e)

Asset

18.

Capital

a)

Expense

b)

Owner Equity

c)

Revenue

d)

Liability

e)

Asset

19.

Bank overdrafts

a)

Expense

b)

Owner Equity

c)

Revenue

d)

Liability

e)

Asset

20.

Insurance

a)

Expense

b)

Owner Equity

c)

Revenue

d)

Liability

e)

Asset

100 %

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