Basic Accounting
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Assessment
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Gosia Kuzminska
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Business
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1st Grade
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197 plays
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Medium
Student preview
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17 questions
Show answers
1.
Multiple Select
What is accounting
a mandatory element of financial statement
the language which provides information about an organization financial position
list of assets
2.
Multiple Select
Please choose all receivables:
funds from the rented flat
salary
funds to be received from loan
3.
Multiple Select
Please choose all answers which describe our payables:
refer a friend program at work
loan repayment
monthly bill for phone
4.
Multiple Select
Which answer is correct?
The balance sheet is a list of assets and source of financing prepared at a given date and defined format
double entry means that booking could be done just on one side
a cost account belonging to a group of Balance sheet account
5.
Multiple Select
Where did you book income from sales?
Dt side
Ct side
both
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