MOB intro to accounts quiz

Which category does Cash at bank belongs to?

• Non-current asset

• Current asset

• Non-current liability

• Current liability

Which category does Office equipment belongs to?

• Non-current asset

• Current asset

• Non-current liability

• Current liability

Which category does Trade payable belongs to?

• Non-current asset

• Current asset

• Non-current liability

• Current liability

Which category does Trade receivable belongs to?

• Non-current asset

• Current asset

• Non-current liability

• Current liability

Which category does Motor vehicle belongs to?

• Non-current asset

• Current asset

• Non-current liability

• Current liability

Which category does Bank loan belongs to?

• Non-current asset

• Current asset

• Non-current liability

• Current liability

Which category does Inventory belongs to?

• Non-current asset

• Current asset

• Non-current liability

• Current liability

Which category does fixtures and fittings belongs to?

• Non-current asset

• Current asset

• Non-current liability

• Current liability

Which category does Mortgage loan belongs to?

• Non-current asset

• Current asset

• Non-current liability

• Current liability

Which category does Cash in hand belongs to?

• Non-current asset

• Current asset

• Non-current liability

• Current liability