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Business Accounting Basics
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Avg score: 59% • Most missed: “Prepaid insurance”
Business Accounting Basics
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25 Questions

1. Dividends

2. Accumulated depriciation

3. Accts on balance sheet

4. Current Ratio

5. Accts on Statement of Retained Earnings

6. Intangibles

7. Relevance

8. Monetary Unit

9. Retained Earnings

10. NonCurrent Assets

11. 9th step of Accounting Cycle

12. Prepaid insurance

13. Multistep Income Statement

14. Inventory

15. Accumlated depreciation

16. 4th step of Accounting Cycle

17. Cash Principle

18. 3rd step of Accounting Cycle

19. Building

20. Income Satement Expenses

21. 5th step of Accounting Cycle

22. 2nd step of analyzing transactions

23. Closing Entries

24. Dividends

25. Economic Equity

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