CRJ  - Gr 8

CRJ - Gr 8

8th - 10th Grade

12 Qs

quiz-placeholder

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CRJ  - Gr 8

CRJ - Gr 8

Assessment

Quiz

Business

8th - 10th Grade

Practice Problem

Medium

Created by

Carel Steinmann

Used 89+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the acronym for the Cash receipts journal?

CRJ

CRT

EFT

CRR

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the owners contributes money to the business it will be termed as?

Capital

Drawings

Cash

Income

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the business receives money from a tenant it will be termed as?

Rent income

Drawings

Current income

Rent

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the business receives money from a tenant it will be termed as?

Rent income

Drawings

Current income

Rent

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When services are rendered it will be classified as?

Rent income

Servies rendered

Current income

Sales

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the business receives cash what will happen to the bank account?

No effect

Decrease

Increase

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bank is seen as an?

Asset

Liability

Income

Expense

Owners equity

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