
Accounting Assets Quiz
Authored by Yesnia Nourma Permatasari
English
2nd Grade
Used 1+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is defined as money held by the company?
Short-term Loans
Accounts Receivable
Inventory
Cash
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term refers to money expected to be received from customers for credit sales?
Accounts Receivable
Rent Expense
Service Revenue
Owner's Capital
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for loans that need to be repaid within one year?
Sales Revenue
Short-term Loans
Accounts Payable
Long-term Debt
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which category includes net income kept in the company for future use?
Revenue
Expenses
Equity
Liabilities
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the term for money earned from selling products?
Salaries Expense
Sales Revenue
Service Revenue
Cost of Goods Sold
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which term refers to wages paid to employees?
Rent Expense
Beban Gaji
Cost of Goods Sold
Salaries Expense
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is defined as the cost of leasing office or facility space?
Inventory
Long-term Debt
Accounts Payable
Rent Expense
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