Classic
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Quiz Finance Basic Questions

2 885 played - 11 yrs ago

Accounting

 

Hard QUIZ 10 QUESTIONS
hard
1

The financial statement that reports the revenue and expense for a period of time such as year or month :

2

The financial statement that reports asset liability and equity at a specific date :

3

Assets are usually reported on the balance sheet at which amount?

4

Obligation are reported on the balance sheet are referred as

5

Unearned Revenue is what type of account?

6

Resources owned by a company within in one year are reported on the balance sheet as :

7

The accounting equation referred as

8

Under the accrual basis of accounting, revenue is reported in the accounting period when the

9

Leverage company refers to

10

Dividend is payed on