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Balance Day Adjustments Quiz

Froggy Jumps

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About this activity

Test your knowledge of balance day adjustments!

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New Zealand

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Balance Day Adjustments Quiz
 

Froggy Jumps

Balance Day Adjustments QuizOnline version

Test your knowledge of balance day adjustments!

by Alex Lin
1

What is the BDA for income earned but not received?

2

What is the BDA for expenses paid but not yet incurred?

3

What is the BDA for income received before it is earned?

4

What is the BDA paying for expenses before they are incurred?

5

Interest on Loan owing on balance day

6

Rent received for next year

7

Advertising paid for the following year

8

Wages due on balance day

9

Interest on term deposit is owing

10

Accrued Income is a

11

Accrued Expense is a

12

Prepayments (Prepaid Expenses) is a

13

Income in Advance is a

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