4 Written questions
4 Multiple choice questions
- Shows the Net Income or the Net Loss for the business
- Demand Deposit
- Allows depositors to write checks rather than pay bills with cash.
- Statement of Financial Position
3 True/False questions
Budget → a financial plan extending ususally for one-year.
Checking Account → Profit and loss statement
Balance Sheet → a financial statement that lists assets, liabilities, and capital of a business.