Kuis Akuntansi Dasar (Bahasa Inggris)

Froggy Jumps

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Uji memahami konsep akuntansi dasar

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prncss kylee

Indonesia

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Kuis Akuntansi Dasar (Bahasa Inggris)


Froggy Jumps Kuis Akuntansi Dasar (Bahasa Inggris)Versión en línea Uji memahami konsep akuntansi dasar por prncss kylee 1 If a company buys equipment by paying cash, what happens? a Total assets increase b Total assets decrease c Total assets remain the same 2 . If liabilities increase by $5,000 and owner’s equity increases by $3,000, how much do assets increase? definisi buku besar? a $8,000 b $2,000 c $3,000 3 The process of recording transactions in the journal is called a Journalizing b Posting c Summarizing 4 The process of recording business transactions in the journal is called a Journalizing b Classifying c Posting 5 When cash is received from a debtor, the posting will be: a Debit Cash, Credit Accounts Receivable b Debit Accounts Receivable, Credit Cash c Debit Cash, Credit Accounts Payable 6 A trial balance is prepared to: a Record transactions b Prepare financial statements c Test the equality of debits and credits in the ledger 7 The main purpose of preparing a trial balance is to: a Prepare the income statement b Record transactions in chronological order c Verify that total debits equal total credits 8 The worksheet (accounting work sheet) is prepared to: a Record daily transactions b Record cash receipts and payments c Help in preparing adjusting entries and financial statements 9 If total debit in the income statement column is greater than total credit, the result is: a Net income b Net loss c Owner’s capital 10 After preparing the worksheet, the next step in the accounting cycle is a TPosting to ledgerotal debet = total kredit b Preparing adjusting entries c Preparing financial statements 11 The main purpose of an income statement is to show: a The owner’s equity at the end of the year b The financial position of a business c The profit or loss for a certain period 12 Which of the following is prepared right after the statement of owner’s equity? a Income statement b Trial balance c Balance sheet 13 The main purpose of a balance sheet is to show a The company’s revenues and expenses b The financial position of a business on a certain date c The cash inflows and outflows 14 Which of the following is a fixed asset (non-current asset)? a Cash b Equipment c Prepaid insurance 15 Which of the following accounts appears in the balance sheet? a Rent expense b Service revenue c Cash 16 Which account is not closed at the end of the accounting period? a Rent Expense b Owner’s Capital c Service Revenue 17 When closing the revenue account, the correct journal entry is: a Debit Income Summary; Credit Revenue b Debit Revenue; Credit Income Summary c Debit Revenue; Credit Capital 18 company purchased office supplies on credit. In which journal should the transaction be recorded? a Sales Journal b Purchases Journal c Cash Payments Journal 19 The Cash Receipts Journal records: a Only credit sales b Only owner’s investments c All cash received, including from credit customers 20 The correct formula for calculating the Cost of Goods Sold is: a Beginning Inventory + Purchases – Ending Inventory b Beginning Inventory – Purchases + Ending Inventory c Purchases + Ending Inventory – Beginning Inventory 21 Which of the following is not included in the calculation of Cost of Goods Sold? a Beginning Inventory b Freight In c Freight Out

Kuis Akuntansi Dasar (Bahasa Inggris)

Froggy Jumps

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Kuis Akuntansi Dasar (Bahasa Inggris)Versión en línea

por prncss kylee

If a company buys equipment by paying cash, what happens?

. If liabilities increase by $5,000 and owner’s equity increases by $3,000, how much do assets increase? definisi buku besar?

The process of recording transactions in the journal is called

The process of recording business transactions in the journal is called

When cash is received from a debtor, the posting will be:

A trial balance is prepared to:

The main purpose of preparing a trial balance is to:

The worksheet (accounting work sheet) is prepared to:

If total debit in the income statement column is greater than total credit, the result is:

After preparing the worksheet, the next step in the accounting cycle is

The main purpose of an income statement is to show:

Which of the following is prepared right after the statement of owner’s equity?

The main purpose of a balance sheet is to show

Which of the following is a fixed asset (non-current asset)?

Which of the following accounts appears in the balance sheet?

Which account is not closed at the end of the accounting period?

When closing the revenue account, the correct journal entry is:

company purchased office supplies on credit. In which journal should the transaction be recorded?

The Cash Receipts Journal records:

The correct formula for calculating the Cost of Goods Sold is:

Which of the following is not included in the calculation of Cost of Goods Sold?