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 - Liability
    Credit - Revenue.
  2. Debited - Expense.
    Credit - Liability

2 True/False questions

  1. Accrued revenue.Debited - Expense.
    Credit - Liability


  2. Every adjusting entry affects either an asset or a liablility.No adjusting entry debits or credits cash at bank because the cash transaction are recored at other times.