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Accounting Elements Quiz

Froggy Jumps

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Test your knowledge on the fundamental elements of accounting!

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New Zealand

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Accounting Elements Quiz
 

Froggy Jumps

Accounting Elements QuizOnline version

Test your knowledge on the fundamental elements of accounting!

by Alex Lin
1

What are the primary elements of accounting?

2

Which element represents what a business owes?

3

What do assets represent in accounting?

4

What is equity in accounting?

5

Which account is NOT an asset?

6

What do revenues represent?

7

Which element includes accounts payable?

8

What is the accounting equation?

9

Which element is affected by expenses?

10

Which of the following is an example of an expense?

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