WorksheetsHMA QUIZ 2
Total questions: 11
Worksheet time: 5mins
WHEN SALARY IS PAID TO AN EMPLOYEE THE TWO SIDES OF THE ACCOUNTING EQUATION THAT GET AFFECTED ARE
DECREASE IN ASSET
DECREASE IN LIABILITY
DECREASE IN ASSET
DECREASE IN EQUITY
DECREASE IN ASSET
INCREASE IN EQUITY
INCREASE IN ASSET
INCREASE IN EQUITY
HOW DOES PURCHASING INVENTORY(EG MEDICAL SUPPLIES ) BY PAYING CASH AFFECT THE ACCOUNTING EQUATION?
INCREASE IN ASSET
INCREASE IN LIABILITY
DECREASE IN ASSET
DECREASE IN EQUITY
INCREASE IN ASSET
DECREASE IN ASSET
DECREASE IN LIABILITY
INCREASE IN EQUITY
HOW DOES PURCHASING INVENTORY(EG MEDICAL SUPPLIES ) BY CREDIT AFFECT THE ACCOUNTING EQUATION?
INCREASE IN ASSET
DECREASE IN ASSET
DECREASE IN ASSET
DECREASE IN LIABILITY
INCREASE IN ASSET
INCREASE IN LIABILITY
INCREASE IN ASSET
INCREASE IN EQUITY
WHEN SALARY IS DUE BUT NOT PAID TO AN EMPLOYEE (OUTSTANDING SALARY)THE TWO SIDES OF THE ACCOUNTING EQUATION THAT GET AFFECTED ARE
INCREASE IN EQUITY
INCREASE IN LIABILITY
DECREASE IN EQUITY
DECREASE IN ASSET
DECREASE IN EQUITY
INCREASE IN LIABILITY
DECREASE IN EQUITY
INCREASE IN ASSET
WHEN SALARY IS PAID IN ADVANCE TO AN EMPLOYEE(PREPAID SALARY) THE TWO SIDES OF THE ACCOUNTING EQUATION THAT GET AFFECTED ARE
DECREASE IN ASSET
DECREASE IN LIABILITY
DECREASE IN ASSET
DECREASE IN EQUITY
DECREASE IN LIABILITY
INCREASE IN LIABILITY
DECREASE IN ASSET
INCREASE IN ASSET
WHEN SERVICES ARE RENDERED TO A PATIENT BUT CASH IS YET TO BE RECEIVED THE TWO SIDES OF THE ACCOUNTING EQUATION THAT GET AFFECTED ARE
INCREASE IN LIABILITY
INCREASE IN ASSET
DECREASE IN EQUITY
DECREASE IN ASSET
INCREASE IN EQUITY
INCREASE IN ASSET
INCREASE IN EQUITY
INCREASE IN LIABILITY
WHEN A PATIENT PAYS ADVANCE CASH FOR A SERVICE THAT IS YET TO BE RENDERED THE TWO SIDES OF THE ACCOUNTING EQUATION THAT GET AFFECTED ARE
INCREASE IN ASSET
INCREASE IN EQUITY
DECREASE IN ASSET
DECREASE IN EQUITY
INCREASE IN ASSET
INCREASE IN LIABILITY
DECREASE IN ASSET
DECREASE IN LIABILITY
WHEN SALARY IS DUE BUT NOT PAID TO AN EMPLOYEE ,IT IS CALLED
OUTSTANDING SALARY AND IS AN ASSET
OUTSTANDING SALARY AND IS A LIABILITY
PREPAID SALARY AND IS A LIABILITY
PREPAID SALARY AND IS AN ASSET
WHEN CUSTOMERS/PATIENTS ARE BILLED AND CASH IS NOT RECEIVED ,IT IS CALLED
CREDITORS OR OUTSTANDING REVENUE,AND IS A LIABILITY
DEBTORS OR OUTSTANDING REVENUE,AND IS A LIABILITY
DEBTORS OR OUTSTANDING REVENUE,AND IS AN ASSET
PRERECEIVED INCOME AND IS A LIABILITY
WHEN PATIENTS PAY CASH IN ADVANCE FOR A SERVICE NOT YET RENDERED,IT IS CALLED
OUTSTANDING INCOME AND IS AN ASSET
PRE RECEIVED INCOME AND IS AN ASSET
PRE RECEIVED INCOME AND IS A LIABILITY
PRE PAID EXPENSE AND IS A LIABILITY
DEBIT=ASSETS AND EXPENSES AND IS THE LHS OF THE EQUATION.
