Assets or Liabilities??
Assets or Liabilities Quiz
Test your knowledge of financial accounting with our engaging quiz focused on identifying assets and liabilities. Ideal for students and professionals who want to refine their understanding of balance sheets.
In this quiz, you will:
- Identify various financial items
- Learns about their classifications
- Enhance your accounting skills
Sundry Debtors
Current Assets
Current Liabilities
None
Plant and Machinery
Current Assets
Current Liabilities
None
Bills Receivable
Current Assets
Current Liabilities
None
Sundry Creditors
Current Assets
Current Liabilities
None
Investments (Long term)
Current Assets
Current Liabilities
None
Bank Overdraft
Current Assets
Current Liabilities
None
Provision for Tax
Current Assets
Current Liabilities
None
Cash in Hand
Current Assets
Current Liabilities
None
Cash at Bank
Current Assets
Current Liabilities
None
Prepaid Expenses
Current Assets
Current Liabilities
None
Long-term Loan
Current Assets
Current Liabilities
None
Outstanding expenses
Current Assets
Current Liabilities
None
Fixed deposits (Matures in 6 months)
Current Assets
Current Liabilities
None
Fixed deposits (Matures in 2 years)
Current Assets
Current Liabilities
None
Bills Payable
Current Assets
Current Liabilities
None
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