Income Statement and Balance Sheet

Income Statement and Balance Sheet

9th Grade

27 Qs

quiz-placeholder

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Income Statement and Balance Sheet

Income Statement and Balance Sheet

Assessment

Quiz

Other

9th Grade

Hard

Used 54+ times

FREE Resource

27 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Cost of Sales

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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