Service Entity Income & Expense Classifying

Froggy Jumps

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Test your skill classifying income vs expenses.

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Katie McGuinness

New Zealand

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Service Entity Income & Expense Classifying


Froggy Jumps Service Entity Income & Expense ClassifyingVersion en ligne Test your skill classifying income vs expenses. par Katie McGuinness 1 Which item is income for a service entity? a Fees received b Accounts payable c Rent expense 2 Advertising is categorised as which? a Asset b Income c Expense 3 Office supplies used is classified as? a Finance cost b Administrative expense c Group 1 expense 4 Interest received is classified as a Expense b Income c Other Income 5 Sales Salaries is classified as a Income b Group 1 expense c Administration expense 6 Depreciation on office equipment is classified as? a Finance cost b Administration expense c Group 1 expense 7 Office wages is classified as? a Finance cost b Administration expense c Group 1 expense 8 Rates is classified as? a Finance cost b Administration expense c Group 1 expense 9 Depreciation on shop fittings is classified as? a Finance cost b Administration expense c Group 1 expense 10 Repairs of delivery vehicle is classified as? a Finance cost b Administration expense c Group 1 expense 11 Insurance is classified as? a Finance cost b Administration expense c Group 1 expense 12 Telephone and internet is classified as? a Finance cost b Administration expense c Group 1 expense 13 Loss on sale - office furniture is classified as? a Finance cost b Administration expense c Group 1 expense 14 Bad debts is classified as? a Finance cost b Administration expense c Group 1 expense 15 Accounting Fees are classified as? a Administration expense b Group 1 expense c Finance cost 16 Office Rent is classified as? a Administration expense b Group 1 expense c Finance cost 17 Shop Rent is classified as? a Administration expense b Group 1 expense c Finance cost 18 Shop assistant's wages is classified as? a Administration expense b Group 1 expense c Finance cost 19 Interest on mortgage is classified as? a Administration expense b Group 1 expense c Finance cost 20 Interest on loan is classified as? a Administration expense b Group 1 expense c Finance cost 21 Interest on overdraft is classified as? a Administration expense b Group 1 expense c Finance cost 22 Advertising is classified as? a Group 1 expense b Admin expense c Finance cost 23 Dividends received is classified as? a Other Income b Income c Finance cost 24 Rent received is classified as a Income b Other income c Admin expense 25 Dividends received is classified as? a Other Income b Income c Finance cost

Service Entity Income & Expense Classifying

Froggy Jumps

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Service Entity Income & Expense ClassifyingVersion en ligne

par Katie McGuinness

Which item is income for a service entity?

Advertising is categorised as which?

Office supplies used is classified as?

Interest received is classified as

Sales Salaries is classified as

Depreciation on office equipment is classified as?

Office wages is classified as?

Rates is classified as?

Depreciation on shop fittings is classified as?

Repairs of delivery vehicle is classified as?

Insurance is classified as?

Telephone and internet is classified as?

Loss on sale - office furniture is classified as?

Bad debts is classified as?

Accounting Fees are classified as?

Office Rent is classified as?

Shop Rent is classified as?

Shop assistant's wages is classified as?

Interest on mortgage is classified as?

Interest on loan is classified as?

Interest on overdraft is classified as?

Advertising is classified as?

Dividends received is classified as?

Rent received is classified as

Dividends received is classified as?