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Frage 1
Frage
What is the accounting equation?
Antworten
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A = C + L (1)
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B = C + C (2)
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Z= A + B (3)
Frage 2
Frage
What does the accounting equation stand for?
Antworten
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Assets = Cost + Liabilities (1)
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Assets = Capital + Liabilities (2)
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Assets = Capital + Long term costs (3)
Frage 3
Frage
A credit is something that goes out of your bank account?
Antworten
- True
- False
Frage 4
Frage
A debit is money that is coming into your account?
Antworten
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True
-
False
Frage 5
Frage
What is the meaning of an asset?
Antworten
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Money that is owed to the business or something that is the business (1)
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Money that is owed from your business (2)
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A customers shoe (3)
Frage 6
Frage
What is the meaning of a liability?
Antworten
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Something that you owe like a mortgage (1)
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Something you want to buy (2)
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Something you hired (3)
Frage 7
Frage
What is the meaning of capital?
Antworten
-
Money invested in a business to generate income? (1)
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Your income (2)
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The amount of profit you make (3)
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