Contabilidad- Actividad en inglés

Froggy Jumps

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Actividad en ingles contabilidad Guadalupe, Valentina, Isabella y Paulina

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PAULINA LAVERDE

Colombia

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Froggy Jumps Contabilidad- Actividad en inglésOnline version Actividad en ingles contabilidad Guadalupe, Valentina, Isabella y Paulina by PAULINA LAVERDE 1 What is considered an asset in accounting? a A bank loan b Cash in hand c Owner´s capital 2 Which of the following is a liability? a Accounts payable b Equipment c Revenue 3 What is the purpose of a trial balance? a To calculate profit b To check if debits equal credits c To record transactions 4 What is the fundamental "Contling Equation"? a Asset: Liabies + Net worth b Asset: Liabity - Capital c Assets: Assets + Liabies 5 In which book are day-today opertations recorded in chronological order? a General ledger b Daily book c Balance of sums and balance 6 What is depreciation? a Increase in value b Loss of value of an asset over time c A debt 7 What is the main function of the general ledger? a To record transactions chronologically b To classify and group accounting accounts c To calculate net income 8 What does the income statement show? a Assets b Liabilities c Profit or loss 9 What happens when income is greater than expenses? a There is a loss b There is a profit c There is debt 10 What does the statement of financial position reflect? a Sales for the period b Profit for the period c The company´s financial position on a specific date

Froggy Jumps

Contabilidad- Actividad en inglésOnline version

Actividad en ingles contabilidad Guadalupe, Valentina, Isabella y Paulina

by PAULINA LAVERDE

What is considered an asset in accounting?

A bank loan

Cash in hand

Owner´s capital

Which of the following is a liability?

Accounts payable

Equipment

Revenue

What is the purpose of a trial balance?

To calculate profit

To check if debits equal credits

To record transactions

What is the fundamental "Contling Equation"?

Asset: Liabies + Net worth

Asset: Liabity - Capital

Assets: Assets + Liabies

In which book are day-today opertations recorded in chronological order?

General ledger

Daily book

Balance of sums and balance

What is depreciation?

Increase in value

Loss of value of an asset over time

A debt

What is the main function of the general ledger?

To record transactions chronologically

To classify and group accounting accounts

To calculate net income

What does the income statement show?

Assets

Liabilities

Profit or loss

What happens when income is greater than expenses?

There is a loss

There is a profit

There is debt

What does the statement of financial position reflect?

Sales for the period

Profit for the period

The company´s financial position on a specific date

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Contabilidad- Actividad en inglés

Froggy Jumps

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Download the paper version to play

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Contabilidad- Actividad en inglésOnline version

by PAULINA LAVERDE

What is considered an asset in accounting?

Which of the following is a liability?

What is the purpose of a trial balance?

What is the fundamental "Contling Equation"?

In which book are day-today opertations recorded in chronological order?

What is depreciation?

What is the main function of the general ledger?

What does the income statement show?

What happens when income is greater than expenses?

What does the statement of financial position reflect?

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