ACCOUNT CLASSIFICATION
Authored by Norzaimah Clivon
Financial Education
1st Grade
Used 3+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is revenue?
Which of the following is revenue?
Motor vehicle
Salaries
Commission received
Bank loan
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following can be classified as an asset?
Which of the following can be classified as an asset?
Account receivable
Bank Loan
Account Payable
Salary
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT current asset?
Which of the following is NOT current asset?
Cash in hand
Cash at bank
Motor vehicle
Account receivable
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT expenses?
Stationery
Maintenance
Dividend received
Rental paid
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is current liability?
Account receivable
Account Payable
Rental
Machinery
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is categorized as Equity?
Capital
Land and building
Cash
Sales
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The following are expenses, EXCEPT:
Stationery
Sales
Maintenance
Water and electricity
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