CASH
3A QUIZ 3 Ch 1-3
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3A QUIZ 3 Ch 1-3
Quiz
•
Business
•
12th Grade
•
Hard
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10 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Asset
Liability
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
CAPITAL
Equity
Asset
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
MOTOR VEHICLE
Liability
Asset
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
LOAN
Asset
Liability
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
LIABILITY = business ……….. to others
OWN
OWE
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Owner invested $10000 into the business.
BUSINESS RECORDS:
cash +
cash -
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Capital = …… contributed by owner into business
cash only
any RESOURCES eg cash / vehicle
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