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Introducing new Paper mode
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20 questions
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- Multiple ChoicePlease save your changes before editing any questions.
Vehicles are ......
Assets
Income
Liabilities
Expenses
- Multiple ChoicePlease save your changes before editing any questions.
Equipment is seen as an / a ......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Land and buildings are an / a ......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Trading stock is an / a ......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Bank is seen as an / a ......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Petty cash is seen as an / a ......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Cash float is seen as an / a ......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Debtors are seen as an / a ......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
A fixed deposit is seen as an / a ......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Sales are seen as an / a......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Cost of sales are seen as an / a......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Stationery is seen as an / a......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Insurance is seen as an / a......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Packing material is seen as an / a......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Current income is seen as an / a......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Debtors allowances are seen as an / a......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Interest on Loans are seen as an / a......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Creditors are seen as an / a......
Asset
Income
Liability
Expense
- Multiple ChoicePlease save your changes before editing any questions.
Which accounts will be debited when they increase?
Asset
Income
Liability
Expense
Drawings
- Multiple ChoicePlease save your changes before editing any questions.
Which accounts will be credited when they increase?
Asset
Income
Liability
Expense
Capital