Cost of Sales
Income Statement and Balance Sheet

Quiz
•
Other
•
9th Grade
•
Hard
Used 54+ times
FREE Resource
27 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Current asset
Non-current liability
Expense
Income
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Sales revenue
Expense
Income
Equity
Non-current asset
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Motor Vehicles
Non-current liability
Non-current asset
Current asset
Equity
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Inventory
Current liability
Equity
Income
Current asset
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Cash at bank (Overdraft)
Current liability
Expense
Current asset
Income
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Cash in hand
Current liability
Current asset
Income
Equity
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Trade payable
Non-current liability
Equity
Current liability
Current asset
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