Accounting 6th 6-wks Lesson 2 Wed&Thurs 5-6&7
Quiz by Sally Bader
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4 questions
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- Q1The price a business pays for goods it purchases to sell.Sales TaxCost of MerchandiseMarkup30s
- Q2When you total the columns, balance, and double-rule, you haveSold your EquityNot been able to balanceProved your Journal30s
- Q3What shows that your debits and credits are equal?Trial BalanceIncome StatementBalance Sheet30s
- Q4Changes on a worksheet to update general ledger accounts are calledliabilitiesassetsadjustments30s