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A L OE classifications

Quiz by Kate Steinhardt

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13 questions
Show answers
  • Q1

    What type of account is Cash at Bank?

    Asset

    Owner's Equity

    Liability

    10s
  • Q2

    What type of account is Capital?

    Liability

    Owner's Equity

    Asset

    10s
  • Q3

    What type of account is Accounts Receivable?

    Owner's Equity

    Liability

    Asset

    10s
  • Q4

    What type of account is Trademark?

    Owner's Equity

    Asset

    Liability

    10s
  • Q5

    What type of account is Mortgage?

    Liability

    Asset

    Owner's Equity

    10s
  • Q6

    What type of account is Accounts Payable?

    Asset

    Owner's Equity

    Liability

    10s
  • Q7

    What type of account is Equipment?

    Liability

    Asset

    Owner's Equity

    10s
  • Q8

    What type of account is Loan from Bank?

    Liability

    Owner's Equity

    10s
  • Q9

    What type of account is Bank Overdraft?

    Asset

    Liability

    Owner's Equity

    10s
  • Q10

    What type of account is Machinery?

    Liability

    Owner's Equity

    Asset

    10s
  • Q11

    What type of account is Goodwill?

    Owner's Equity

    Liability

    Asset

    10s
  • Q12

    What type of account is Drawings?

    Liability

    Asset

    Owner's Equity

    10s
  • Q13

    What type of account is Computer?

    Liability

    Owner's Equity

    Asset

    10s

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