Grade 10 Adjustments

Consumable stores on hand is a/an

• ASSET

• INCOME

• EXPENSE

• NEGATIVE ASSET

Accrued income is a/an

• ASSET

• INCOME

• LIABILITY

• NEGATIVE ASSET

Accrued expense is a/an

• ASSET

• INCOME

• LIABILITY

• NEGATIVE ASSET

Accumulated depreciation is a/an

• ASSET

• EXPENSE

• LIABILITY

• NEGATIVE ASSET

Depreciation is a/an

• ASSET

• EXPENSE

• LIABILITY

• NEGATIVE ASSET

Income received in advance is a/an

• ASSET

• EXPENSE

• LIABILITY

• NEGATIVE ASSET

Prepaid expense is a/an

• ASSET

• EXPENSE

• LIABILITY

• NEGATIVE ASSET

Bad debts is a/an

• ASSET

• EXPENSE

• LIABILITY

• INCOME

Bad debts recovered is a/an

• ASSET

• INCOME

• EXPENSE

• NEGATIVE ASSET

Trading stock deficit is a/an

• ASSET

• INCOME

• EXPENSE

• NEGATIVE ASSET