EMS: Accounting AOL

EMS: Accounting AOL

6th - 8th Grade

10 Qs

quiz-placeholder

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EMS: Accounting AOL

EMS: Accounting AOL

Assessment

Quiz

Financial Education

6th - 8th Grade

Practice Problem

Easy

Created by

chelsea ropa

Used 5+ times

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10 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Assets: Non-current Assests

Land and buildings, vehicles

Fixed deposits

Equipment

Bank

Trading stock

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Liabilities: Non-current liabilities

Commision

Fixed deposits

Loan

Bank

Trading stock

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Assets: Current Assests

Cash Float, Bank

Petty cash

Debtors control

Creditors control

Trading stock

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Liabilities: Current Liabilities

Bank overdraft

Petty cash

Debtors control

Creditors control

Sales

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Owners Equity

Capital

Drawings

Bank

Cost of sales

Sales

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Owners Equity: Incomes

Sales

Rent income, fee income and commission

Loan

Interest

Service and salaries

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Owners Equity: Expenses

Sales

Rent income, fee income and commission

Water & electricity, rent expenses

Interest

Service and salaries

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