PAC1163

PAC1163

University

10 Qs

quiz-placeholder

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PAC1163

PAC1163

Assessment

Quiz

Other

University

Practice Problem

Medium

Created by

NURUL (BP)

Used 1+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following are part of ASSET?

Trade receivable

Trade payable

Bank overdraft

Mortgage

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a liability?

Property, plant, and equipment

Cash

Inventory

Accounts payable

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is included in current assets?

Deferred tax assets

Long-term investments

Cash and cash equivalents

Goodwill

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following represents owner's equity?

Bank loans

Retained earnings

Trade payables

Accounts receivable

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Increase in Cash should be recorded in

Credit

Debit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Increase in Drawing

Debit

Credit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Increase in Printing service revenue

Debit

Credit

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