WorksheetsActivity No. 1: The Accounting Equation
Total questions: 10
Worksheet time: 10mins
Name
Class
Date
1.
Assets = ₱50 000; Liabilities = ₱20 000; Owner’s Equity = (a)
2.
Assets = ₱75 000; Liabilities = (a) ; Owner’s Equity = ₱30 000
3.
Assets = (a) ; Liabilities = ₱45 000; Owner’s Equity = ₱55 000
4.
Assets = ₱100 000; Liabilities = ₱60 000; Owner’s Equity = (a)
5.
Assets = ₱85 000; Liabilities = (a) ; Owner’s Equity = ₱25 000
6.
Assets = ₱90 300; Liabilities = (a) ; Owner’s Equity = ₱ 50 200
7.
Assets = (a) ; Liabilities = ₱40 000; Owner’s Equity = ₱20 500
8.
Assets = (a) ; Liabilities = ₱6 800; Owner’s Equity = ₱19 700
9.
Assets = (a) ; Liabilities = ₱12 150; Owner’s Equity = ₱40 250
10.
Assets = ₱13 000; Liabilities = (a) ; Owner’s Equity = ₱4 000
100 %
