Account Classification Quiz: Trivia Test!
10 Questions
| Total Attempts: 375
(188).jpg "Account Classification Quiz: Trivia Test!")
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Questions and Answers
- 1.Operating equipment?
- A.
Asset
- B.
Liability
- C.
Owner's Equity
- 2.Notes receivable?
- A.
Asset
- B.
Liability
- C.
Owner's Equity
- 3.Income tax payable?
- A.
Asset
- B.
Liability
- C.
Owner's Equity
- 4.Capital?
- A.
Asset
- B.
Liability
- C.
Owner's Equity
- 5.Cash?
- A.
Asset
- B.
Liability
- C.
Owner's Equity
- 6.Accounts payable?
- A.
Asset
- B.
Liability
- C.
Owner's Equity
- 7.Prepaid rent?
- A.
Asset
- B.
Liability
- C.
Owner's Equity?
- 8.Supplies expense?
- A.
Asset
- B.
Liability
- C.
Owner's Equity
- 9.Inventory?
- A.
Asset
- B.
Liability
- C.
Owner's Equity
- 10.Sales revenue?
- A.
Asset
- B.
Liability
- C.
Owner's Equity
.
Questions: 10 | Attempts: 814 | Last updated: Dec 30, 2020
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Sample QuestionA company has adopted Statement of Financial Accounting Standards No. 115, Accounting for Certain Investments in Debt and Equity Securities (as amended by SFAS 130). It should report the marketable equity securities that it has classified as trading at:
Questions: 10 | Attempts: 619 | Last updated: Sep 7, 2020
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Sample QuestionPer payment type a separate batch needs to be set up.
Questions: 20 | Attempts: 600 | Last updated: Dec 30, 2020
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Sample QuestionRegulation T applies to which of the following? a. Municipal securities b. Securities listed on a registered stock exchange c. Securities listed on Nasdaq d. U.S. Treasury
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