Accounting 2 Quiz

5 Questions | Total Attempts: 264
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This quiz is easy if you dont get everyone right u shuold. . . . . . . Idk

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Questions and Answers
  • 1. 
    Which is NOT included on a balance sheet?
    Discuss
    • A. 

      Liabilities

    • B. 

      Revenue

    • C. 

      Assets

    • D. 

      Owner's Equity

  • 2. 
    All the accounts on the balance sheet are
  • 3. 
    Income Statements include? ( check all that aply)
    • A. 

      Cost

    • B. 

      Assets

    • C. 

      Liabilities

    • D. 

      Expenses

    • E. 

      Revenue

    • F. 

      Owner's Equity

  • 4. 
    What is a normal balance of an ASSET
    • A. 

      Credit

    • B. 

      Debit

    • C. 

      Liability

  • 5. 
    Cash is a liability
    • A. 

      True

    • B. 

      False

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