Higher Accounting Assets V Liabilities
Business
6th Grade
Used 22+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An asset is something you...
own
owe
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A liability is something you...
own
owe
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Premises would be...
Non Current Asset
Current Asset
Current Liability
Non Current Liability
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mortgage would be...
Non Current Asset
Current Asset
Current Liability
Non Current Liability
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Trade payables would be...
Non Current Asset
Current Asset
Current Liability
Non Current Liability
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash and cash equivalents would be...
Non Current Asset
Current Asset
Current Liability
Non Current Liability
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
VAT (cr) would be...
Non Current Asset
Current Asset
Current Liability
Non Current Liability
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