Test

The financial statement that reports the revenues and expenses for a period of time such as a year or a month is the:

• Balance Sheet
• Income Statement
• Statement of Cash Flows
• None of These

Under the accrual basis of accounting, revenues are reported in the accounting period when the:

• Cash is Received
• Service or Goods Have Been Delivered
• End of the Month Has Arrived
• Customer Pays

Resources owned by a company (such as cash, accounts receivable, vehicles) are reported on the balance sheet and are referred to as __________.

• Assets
• Liabilities
• Owner Equity
• Equity

Assets are usually reported on the balance sheet at which amount?

• Cost
• Current Market Value
• Expected Selling Price
• None of These

Which is not a section of the balance sheet?

• Assets

• Liabilities

• Expenses

• Equity

In MS Word you create:

• spreadsheets
• documents
• presentations
• none of the above

Şekilde görülen tabloda doğru toplama sonucunu aşağıdaki formüllerden hangisiyle buldurabiliriz?

• B1+B2

• =A1+A2

• =B1+B2+A2

• =B1+B2