Accounting Assets and Liabilities Quiz

Froggy Jumps

(1)

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Test your knowledge on assets, liabilities, and equity in accounting!

Créé par

Doris Aparicio

Bolivia

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Froggy Jumps Accounting Assets and Liabilities QuizVersion en ligne Test your knowledge on assets, liabilities, and equity in accounting! par Doris Aparicio 1 What type of account is 'Accounts Receivable'? a Asset b Liability c Equity 2 Which of account is a liability? a Office Supplies b Inventory c Accounts Payable 3 What does 'Capital' represent? a Equity b Asset c Liability 4 What is 'Cost of Goods Sold' classified as? a Asset b Expense c Revenue 5 Which account is an example of expense? a Office Supplies b Sales revenue c Salaries Payable 6 What type of revenue is 'Service Revenue'? a Expense b Liability c Revenue 7 Which of the following is NOT a liability? a Retained Earnings b Notes Payable c Taxes Payable 8 What is 'Utilities Expense' classified as? a Asset b Liability c Expense 9 What does 'Accounts Payable' represent? a Asset b Equity c Liability 10 Which account would be found under equity? a Inventory b Accounts Payable c Retained Earnings

Froggy Jumps

Accounting Assets and Liabilities QuizVersion en ligne

Test your knowledge on assets, liabilities, and equity in accounting!

par Doris Aparicio

What type of account is 'Accounts Receivable'?

Asset

Liability

Equity

Which of account is a liability?

Office Supplies

Inventory

Accounts Payable

What does 'Capital' represent?

Equity

Asset

Liability

What is 'Cost of Goods Sold' classified as?

Asset

Expense

Revenue

Which account is an example of expense?

Office Supplies

Sales revenue

Salaries Payable

What type of revenue is 'Service Revenue'?

Expense

Liability

Revenue

Which of the following is NOT a liability?

Retained Earnings

Notes Payable

Taxes Payable

What is 'Utilities Expense' classified as?

Asset

Liability

Expense

What does 'Accounts Payable' represent?

Asset

Equity

Liability

Which account would be found under equity?

Inventory

Accounts Payable

Retained Earnings

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Accounting Assets and Liabilities Quiz

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Accounting Assets and Liabilities QuizVersion en ligne

par Doris Aparicio

What type of account is 'Accounts Receivable'?

Which of account is a liability?

What does 'Capital' represent?

What is 'Cost of Goods Sold' classified as?

Which account is an example of expense?

What type of revenue is 'Service Revenue'?

Which of the following is NOT a liability?

What is 'Utilities Expense' classified as?

What does 'Accounts Payable' represent?

Which account would be found under equity?

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