Quick Accounting Review
Business
12th Grade
Used 16+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
The Language of Business
Communication
Accounting
Auditing
Bookeeping
2.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Assets = _________ + Owner's Equity
Negative Worth
Resources
Obligations
Liabilities
3.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
This paper will be used to prepare ____.
Journal
Worksheet
Ledger
Receipt
4.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
He is the father of Accounting.
Nicolas Petri
Luca Pacioli
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Debit Cash for P1,000 will
add Cash P1,000
deduct Cash P1,000
Either add or deduct P1,000
No Effect to Cash
6.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
Done after journalizing
Balance Sheet
Worksheet
Trial Balance
Posting
7.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
End products of Accounting
Financial Statements
Journal
Ledger
Worksheet
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