Quiz 1  - Knowing Your Elements

Quiz 1 - Knowing Your Elements

8th Grade

28 Qs

quiz-placeholder

Similar activities

Gr 8 Accounting Revision Quiz

Gr 8 Accounting Revision Quiz

8th Grade

25 Qs

Review for Module 7 Business Test

Review for Module 7 Business Test

6th - 8th Grade

25 Qs

Year 11 Further Classifying Quiz

Year 11 Further Classifying Quiz

8th - 9th Grade

29 Qs

Accounting Basics Quiz

Accounting Basics Quiz

8th Grade

29 Qs

Risk Management

Risk Management

8th - 12th Grade

25 Qs

Money, Budget, Methods of payment Test

Money, Budget, Methods of payment Test

7th - 9th Grade

26 Qs

ICEV Left or right Debit or Credit

ICEV Left or right Debit or Credit

8th Grade - Professional Development

25 Qs

QUIZ 1 l TOPIC 10 [ACCOUNTING FOR LIABILITIES]

QUIZ 1 l TOPIC 10 [ACCOUNTING FOR LIABILITIES]

1st Grade - University

25 Qs

Quiz 1  - Knowing Your Elements

Quiz 1 - Knowing Your Elements

Assessment

Quiz

Business

8th Grade

Easy

Created by

Tuan Ang

Used 2+ times

FREE Resource

28 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

"Sales revenue" belongs to ___________ element.

Asset
Liability
Equity
Income
Expense

2.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

"Sales returns" belongs to ___________ element.
Asset
Liability
Equity
Income
Expense

3.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

"Commission income" belongs to ___________ element.
Asset
Liability
Equity
Income
Expense

4.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

"Discount received" belongs to ___________ element.

Asset
Liability
Equity
Income
Expense

5.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

"Discount allowed" belongs to ___________ element.

Asset
Liability
Equity
Income
Expense

6.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

"Cost of sales" belongs to ___________ element.

Asset
Liability
Equity
Income
Expense

7.

MULTIPLE CHOICE QUESTION

5 sec • 1 pt

"Depreciation" belongs to ___________ element.
Asset
Liability
Equity
Income
Expense

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?

Discover more resources for Business