Financial Statements Quizzes, Questions & Answers

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Quick Fire [assets, Liabilities, Expenses, Equity, Income] Ncea Lvl 1 Accounting

Statement of Financial Position / Balance Sheet Sonny Bill Williams LTD - For the Year Ended 31 March 31/03/Infinity [we hope] Is Sonny Bill Williams an Asset or a Liability? mmmm

Questions: 15 | Attempts: 308 | Last updated: Mar 21, 2023

Sample Question
Accounts Receivable

Current Asset

Negative Income

Negative Asset

Non-Current Liability

Non Current Asset

Negative Equity

Cash Flow Statements Trivia Questions! Quiz

This 'Cash Flow Statements Trivia Questions!' quiz assesses your understanding of cash flow statement components, including operating, investing, and financing activities. It is ideal for learners aiming to enhance their...

Questions: 6 | Attempts: 2587 | Last updated: Mar 21, 2023

Sample Question
Debit means

Plus

Minus

Left

Right

Increase

Decrease

Accounting Quiz 201 Exam Questions!

Explore key financial concepts in the Accounting Quiz 201! Assess your understanding of income statements, inventory management, and merchandising costs. This quiz is ideal for learners aiming to enhance their accounting skills...

Questions: 41 | Attempts: 608 | Last updated: Mar 22, 2023

Sample Question
The largest expense on the income statement for most merchandising companies is:

Administrative expenses.

Selling expenses.

Cost of goods sold.

Other expenses.

Final Accounts Of A Sole Trader! Trivia Quiz

Explore the fundamentals of sole trader accounts with this engaging trivia quiz. Test your understanding of assets, liabilities, and profit calculations, and learn how purchases and net profit fit into financial statements. Ideal...

Questions: 13 | Attempts: 2122 | Last updated: Mar 21, 2023

Sample Question
Which of the following is not an asset?

Buildings

Cash

Debtors

Loan from K Harris

Prelim Accounting1-1st Semester Sy 2018-2019

This quiz for Prelim Accounting1-1st Semester SY 2018-2019 assesses knowledge of basic accounting principles, financial statements, and the accounting equation. It is designed to test the understanding of key accounting concepts...

Questions: 29 | Attempts: 162 | Last updated: Mar 21, 2023

Sample Question
The Accounting Equation is: ASSETS = LIABILITIES + OWNER'S EQUITY OR ASSETS - LIABILITIES = OWNER'S EQUITY

True

False

Recent Quizzes

Cash Flow Statement Questions! Trivia Quiz

Explore the intricacies of cash flow statements with this trivia quiz! Dive into questions about activities reported in cash flow statements, different types of financial activities, and practical scenarios to calculate net cash...

Questions: 74 | Attempts: 771 | Last updated: Mar 21, 2023

Sample Question
All of the following activities are reported on the statement of cash flows except:

Marketing activities

Investing activities

Operating activities

Financing activities

Laporan Keuangan Perusahaan Dagang 1

Kuis ini digunakan untuk mengukur pemahaman anda tentang materi menyusun laporan keuangan perusahaan dagang.. berisi tentang kuis dalam bentuk pilihan ganda Sebelum mengerjakan harap isi username/ nama (asli) anda Soal pilihan...

Questions: 15 | Attempts: 416 | Last updated: Mar 22, 2023

Sample Question
1. Yang termasuk akun-akun buku besar dalam golongan akun riil adalah...

A. Piutang, persekot, beban sewa, dan modal

B. Kas, piutang, persekot, utang dan modal

C. Kas, piutang, pendapatan, dan beban

D. Pendapatan, pendapatan diluar usaha, dan sewa dibayar dimuka

E. Pendapatan bunga, pendapatan usaha, beban usaha, dan beban diluar usaha

Ncea Accounting Level 1 [income Statement + Balance Day Adjustments]

NCEA Accounting Level 1 [Income Statement + Balance Day Adjustments]

Kia Ora WhÄ�nauAnother awesome quiz from Brosir.com - making learning awesome, easy and FREE!Income Statement + Balance Day AdjustmentsOnce you have stared at the photo of Jacob long enough, feel free to continue the quiz :)

Questions: 8 | Attempts: 170 | Last updated: Mar 22, 2023

Sample Question
The purpose of an Income Statement is to show:

How awesome Jerry is at Table Tennis.

E=mc squared.

Income, expenses, and net profit.

Life is like a box of chocolates, you never know which one you gonna get.

1.3 Accounting Level 1 Ncea [refreshment Quiz]

1.3 Accounting Level 1 NCEA [Refreshment Quiz]

Kia Ora This is a quiz to test your knowledge after you have completed the 2011 Sample Paper for 1.3 [Prepare financial statements for sole proprietors]

Questions: 15 | Attempts: 318 | Last updated: Sep 11, 2023

Sample Question
Advertising is an:

Asset

Liability

Expense

Equity

Income

The Balance Sheet Format F3

The balance sheet format F3

The 'Balance Sheet Format F3' quiz assesses understanding of key financial statement concepts, including equity calculation, stock transactions, debt ratios, and balance sheet formats. It enhances learners' proficiency in...

Questions: 25 | Attempts: 489 | Last updated: Mar 21, 2023

Sample Question
Total equity is calculated by adding owner contributions and:

Earnings

Bankers

Creditors

Liabilities

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