BOOKKEEPING 2 - REVIEW
Authored by Ivy Azur
Business
12th Grade
Used 3+ times
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5 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
IN CASH BASIS, YOU RECORD INCOME WHEN YOU RECEIVE IT.
EYY
SHEESH
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
IN CASH BASIS, YOU RECORD EXPENSE WHEN YOU INCUR IT.
EYY
SHEESH
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
IN ACCRUAL BASIS, YOU RECORD INCOME WHEN YOU PAY IT.
EYY
SHEESH
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
IN ACCRUAL BASIS, YOU RECORD INCOME WHEN YOU EARN IT.
EYY
SHEESH
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
IN RECORDING AN ACCRUED INCOME, YOU DEBIT RECEIVABLES.
EYY
SHEESH
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