Accounting Principles Quiz
Quiz
•
Business
•
11th Grade
•
Practice Problem
•
Medium
Tina Cousineau
Used 2+ times
FREE Resource
Enhance your content in a minute
74 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To decrease the account balance of a liability account, you would.....
debit the account
credit the account
increase the account balance
close the account
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To decrease the account balance of the owner's capital account, you would.....
credit the account
debit the account
increase the account balance
close the account
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To decrease the account balance of an expense account, you would.....
credit the account
debit the account
increase the account balance
close the account
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To increase the account balance of an owner's capital account, you would.....
close the account
debit the account
withdraw from the account
credit the account
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To increase the account balance of a sales account, you would.....
withdraw from the account
debit the account
credit the account
close the account
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To decrease the account balance of a sales account, you would.....
debit the account
credit the account
increase the account balance
close the account
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To increase the account balance of an asset account, you would.....
close the account
credit the account
debit the account
transfer the account
Create a free account and access millions of resources
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
70 questions
Careers PRE
Quiz
•
10th Grade - University
69 questions
Acc102
Quiz
•
11th Grade
75 questions
Marketing Fundamentals Review
Quiz
•
9th - 12th Grade
79 questions
2025 Yr 11 Business Cycle
Quiz
•
11th Grade
77 questions
TSA Review STANDARD 5.0 EXAMINE SELLING CONCEPTS TO BUILD AND MA
Quiz
•
11th Grade
Popular Resources on Wayground
10 questions
Honoring the Significance of Veterans Day
Interactive video
•
6th - 10th Grade
9 questions
FOREST Community of Caring
Lesson
•
1st - 5th Grade
10 questions
Exploring Veterans Day: Facts and Celebrations for Kids
Interactive video
•
6th - 10th Grade
19 questions
Veterans Day
Quiz
•
5th Grade
14 questions
General Technology Use Quiz
Quiz
•
8th Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
15 questions
Circuits, Light Energy, and Forces
Quiz
•
5th Grade
19 questions
Thanksgiving Trivia
Quiz
•
6th Grade
