Financial Statements
Quiz
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Medium
Keilani HamiltonRandolph
Used 885+ times
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which account is classified as an income?
Cash
cell phone bill
credit card
babysitting payment
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which account is classified as an Income?
Auto Loan
college Fund
Bank Account
Allowance
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which account is classified as an Expense?
Auto Loan
college Fund
Bank Account
Cell phone bill
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which account is classified as an Expense?
Concert Tickets
college Fund
Bank Account
Cash
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which account is classified as an Asset?
Concert Tickets
Babysitting payment
Allowance
Cash
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which account is classified as an Asset?
Concert Tickets
Bank Account
Allowance
Bus Pass
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which account is classified as an Liability?
Concert Tickets
Bank Account
Credit Card
Bus Pass
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