NAME

Question types


Start with


Question limit

of 7 available terms

Advertisement Upgrade to remove ads
Print test

3 Written questions

2 Multiple choice questions

  1. Debited - Expense.
    Credit - Asset.
  2. Debited - Expense.
    Credit - Contra Asset.

2 True/False questions

  1. Accrued expense.Debited - Assets.
    Credit - Revenue.

          

  2. The adjusting process has two purpose:1. Measure business profit(revenue and expenses) in the income statement accurately.
    2. Update the balance sheet accounts(assets and liabilities).

          

Create Set