Business

7th -

9thgrade

Image

Chart of Accounts

313
plays

15 questions

Show Answers
See Preview
  • 1. Multiple Choice
    30 seconds
    1 pt

    Cash at Bank is recorded on Balance sheet as

    Current Asset

    Current Liability

  • 2. Multiple Choice
    30 seconds
    1 pt

    The Accounting Equation is

    Assets = Liabilities + Owners Equity

    Revenue - Expenses = Profit

  • 3. Multiple Choice
    30 seconds
    1 pt

    A Building would be classified as

    Non Current Liability

    Non Current Asset

  • Answer choices
    Tags
    Answer choices
    Tags

    Explore all questions with a free account

    Already have an account?