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Accounting (3)- 6 comm. 10

Quiz by Mahmood Saleh Jaafar Almutawa

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5 questions
Show answers
  • Q1
    Which class is the best in Muharraq School?
    Question Image
    6 Comm. 11
    6 Comm. 10
    6 Comm. 9
    30s
  • Q2
    Permanent (Real) accounts are?
    Assets, Liabilities and Revenues
    Assets, Liabilities and Owner's Equity
    Revenues, Expense and Income Summary
    Revenues, Expense and Capital
    120s
  • Q3
    Temporary (Nominal) Accounts are?
    Assets, Liabilities and Owner's Equity
    Expense, Revenues and Withdrawals
    Expense, Revenues and Capital
    Assets, Liabilities and Expense
    120s
  • Q4
    The closing entries in the journal are dated as of the end of the fiscal period.
    False
    True
    30s
  • Q5
    If the Revenues more than the Expenses there is a net loss.
    False
    True
    30s

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