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Q 1/6
Score 0
An accounting method used to track the aging and use of assets
45
Depreciation
Q 2/6
Score 0
An electronic payment system involving electronic funds transfers by using debit or credit cards at points of sale terminal.
45
Electronic Funds Transfer at Point of Sale (EFTPOS)
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6 questions
Q.
An accounting method used to track the aging and use of assets
1
45 sec
Q.
An electronic payment system involving electronic funds transfers by using debit or credit cards at points of sale terminal.
2
45 sec
Q.
All the money invested in the company by its owners. In a small business owned by one person or a group of people, the owner's equity is shown in a Capital account. In a larger business that's incorporated, owner's equity is shown in shares of stock.
3
45 sec
Q.
All money spent to operate the company that's not directly related to the sale of individual goods or services.
4
45 sec
Q.
Event which involves money or payment, such as the act of depositing money into a bank account, borrowing money from a lender, or buying or selling goods or property
5
45 sec
Q.
Where all the company's accounts are summarized. The grand dad of the bookkeeping system.
