Term 2 Business Exam

Descrição

Year 10 Economics and Business Quiz sobre Term 2 Business Exam, criado por Chloe Costello em 18-06-2018.
Chloe Costello
Quiz por Chloe Costello, atualizado more than 1 year ago
Chloe Costello
Criado por Chloe Costello mais de 6 anos atrás
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Resumo de Recurso

Questão 1

Questão
An item of value owned by a business which lasts for years.
Responda
  • Liability
  • Expense
  • Asset

Questão 2

Questão
An amount owed to another firm/business.
Responda
  • Asset
  • Sale
  • Liability
  • Expense

Questão 3

Questão
The value of the business to the owner.
Responda
  • Owner's Equity
  • Capital
  • Income

Questão 4

Questão
Costs from a business which must be bought over and over.
Responda
  • Capital
  • Bank Overdraft
  • Expenses
  • Mortage

Questão 5

Questão
Income received by a business.
Responda
  • Revenue
  • Sales
  • Stock

Questão 6

Questão
The amount the owner has invested in the business.
Responda
  • Owner's Equity
  • Expense
  • Drawings
  • Capital

Questão 7

Questão
A firm/individual who owes the business money.
Responda
  • Accounts Recievable
  • Accounts Payable

Questão 8

Questão
A firm/individual to whom owes the business money.
Responda
  • Accounts Receivable
  • Accounts Payable

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