Accounting 2-2 Quiz
Authored by Laura Storino
Business
9th - 12th Grade
Used 1+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you receive cash, cash is ______
Debited
Credited
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you pay cash, cash is ______
Debited
Credited
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you buy supplies, supplies are ______
Debited
Credited
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you buy prepaid insurance for cash, cash is ______
Debited
Credited
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you cash is invested, Owner's Equity is ______
Debited
Credited
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you buy supplies for cash, cash is ______
Debited
Credited
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you buy supplies on account, the liability is ______
Debited
Credited
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