Search Header Logo

Double-Entry Bookkeeping

Authored by Manoela Silva

Business

Professional Development

Used 7+ times

Double-Entry Bookkeeping
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Resources the business owns and uses are...

Dividends

Assets

Liabilities

Equity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are dividends?

Cash paid for goods and services

Cash owners put into the business

Money owed to others

Cash distributed to owners

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are expenses?

Cash paid for goods and services

Money got from sales to customers

Cash owners put into the business

Money owed to others

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Liabilities are

Money owed to others

Money got from sales to customers

Resources the business owns and uses

Cash paid for goods and services

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Equity means...

Cash paid for goods and services

Cash distributed to owners

Cash owners put into the business

Money got from sales to customers

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Revenue means

Cash owners put into the business

Resources the business owns and uses

Money owed to others

Money got from sales to customers

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Examples of debits are...

Equity

Assets

Dividends

Expenses

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?