Accounting concepts

Accounting concepts

10th Grade

10 Qs

quiz-placeholder

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Accounting concepts

Accounting concepts

Assessment

Quiz

Other

10th Grade

Medium

Created by

Baron Carline

Used 3+ times

FREE Resource

10 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Money owner take for his own use.

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is an example of a fixed asset that can last for more than 20 years?

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Assets is equal to owners equity plus....

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

A journal that summarises all income.

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Recording book where the double entry system is applied

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What do you call the list with all ledger accounts with their balances?

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Ethics is knowing the difference between wrong and .......

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