Rent paid is what kind of balance in DEAD CLIC?

Double entry Dead Clic review

Quiz
•
Other
•
10th Grade - University
•
Medium

Hannah Hammond
Used 14+ times
FREE Resource
12 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Assets
Liabilities
Incomes
Expenses
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rent Received is what kind of balance in DEAD CLIC?
Assets
Liabilities
Incomes
Expenses
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Loan is what kind of balance in DEAD CLIC?
Assets
Liabilities
Incomes
Expenses
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Machinery is what kind of balance in DEAD CLIC?
Assets
Liabilities
Incomes
Expenses
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
An owner invests capital in the business of £10 000 what is the double entry bookkeeping for this transaction?
DR Capital CR Bank
DR Bank CR Capital
DR Bank CR Drawings
DR Capital CR Loan
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business makes a cash sale of £400 what is the double entry bookkeeping for this transaction?
DR Sales CR Cash
DR Income CR Sales
DR Cash CR Sales
DR Trade receivable CR Sales
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sales Returns is what kind of balance in DEAD CLIC?
Assets
Liabilities
Incomes (reduction in expense)
Expenses (reduction in income)
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