Fundamentals of Basic Accounting

Froggy Jumps

Played 15 %Accuracy 73 Average time 02:18

Create copy

About this activity

Core accounting concepts in brief

Created by

Janelle Elefante

Philippines

Download the paper version to play

Top 10 results

#	Player	Accuracy	time
1	Janelle Elefante June 10, 2026	% 100	01:37

Do you want to stay in the Top 10 of this game? Log in to identify yourself.

Make your own free game from our game creator

Compete against your friends to see who gets the best score in this game

Make challenge

Ethos, Pathos, and Logos Quiz

Kristine Vester

United States

(131)

Test your knowledge of ethos, pathos, and logos with these 10 questions on examples of persuasive techniques.
Phlebotomy Order of Draw Quiz

Pamela Chapman

United States

(59)

Test your knowledge of the order of draw in Phlebotomy with these 10 questions!
The Integumentary System

Breanna Nesbitt

United States

(58)

Functions and Structures of the skin
Bill of Rights Game - The Constitutionalist

Doni The Don

United States

(89)

Test your knowledge on the Bill of Rights. A fun way to test your knowledge and focus on where you need to improve.
pizza

Lorelay Tyana

Romania

(258)

joc despre pizza


Froggy Jumps Fundamentals of Basic AccountingOnline version Core accounting concepts in brief by Janelle Elefante 1 What is the accounting equation? a Assets + Liabilities = Equity b Assets = Revenues + Expenses c Assets = Liabilities + Equity 2 Which financial statement shows a company’s financial position at a point in time? a Cash Flow Statement b Balance Sheet c Income Statement 3 Double-entry bookkeeping requires every transaction to be recorded as: a A single entry in one account b A debit and a credit of equal amounts c Only a credit with no debit 4 What is depreciation typically used to represent? a Immediate expense equal to purchase price b Gain from sale of asset c Allocation of cost of a tangible asset over its useful life 5 Which account type is increased by credits? a Liabilities b Expenses c Assets 6 What is accrual accounting primarily concerned with? a Only recording cash payments b Only recording cash receipts c Recording revenues and expenses when they occur, not when cash is exchanged 7 Which statement records the revenue earned and expenses incurred in a period? a Cash Flow Statement b Income Statement c Balance Sheet 8 What is cost of goods sold (COGS)? a Total revenue for the period b Operating expenses not tied to production c Direct costs tied to producing goods sold 9 What does a trial balance verify? a Profit or loss for the period b Cash balances in the bank c Equality of debits and credits in the ledger 10 Which transaction increases both an asset and owner’s equity? a Contributed capital (owner invests cash) b Repayment of a loan c Payment of expense

Froggy Jumps

Fundamentals of Basic AccountingOnline version

Core accounting concepts in brief

by Janelle Elefante

What is the accounting equation?

Assets + Liabilities = Equity

Assets = Revenues + Expenses

Assets = Liabilities + Equity

Which financial statement shows a company’s financial position at a point in time?

Cash Flow Statement

Balance Sheet

Income Statement

Double-entry bookkeeping requires every transaction to be recorded as:

A single entry in one account

A debit and a credit of equal amounts

Only a credit with no debit

What is depreciation typically used to represent?

Immediate expense equal to purchase price

Gain from sale of asset

Allocation of cost of a tangible asset over its useful life

Which account type is increased by credits?

Liabilities

Expenses

Assets

What is accrual accounting primarily concerned with?

Only recording cash payments

Only recording cash receipts

Recording revenues and expenses when they occur, not when cash is exchanged

Which statement records the revenue earned and expenses incurred in a period?

Cash Flow Statement

Income Statement

Balance Sheet

What is cost of goods sold (COGS)?

Total revenue for the period

Operating expenses not tied to production

Direct costs tied to producing goods sold

What does a trial balance verify?

Profit or loss for the period

Cash balances in the bank

Equality of debits and credits in the ledger

Which transaction increases both an asset and owner’s equity?

Contributed capital (owner invests cash)

Repayment of a loan

Payment of expense

You can integrate the game into an LMS compatible with LTI 1.1 or LTI 1.3 such as Canvas, Moodle, or Blackboard. This way, the scores will be automatically saved into the platform’s gradebook.

Fundamentals of Basic Accounting

Froggy Jumps

About this activity

Created by

Download the paper version to play

Top Games

Froggy Jumps

Ethos, Pathos, and Logos Quiz

Froggy Jumps

Phlebotomy Order of Draw Quiz

Froggy Jumps

The Integumentary System

Froggy Jumps

Bill of Rights Game - The Constitutionalist

Froggy Jumps

pizza

Froggy Jumps

Fundamentals of Basic AccountingOnline version

by Janelle Elefante

What is the accounting equation?

Which financial statement shows a company’s financial position at a point in time?

Double-entry bookkeeping requires every transaction to be recorded as:

What is depreciation typically used to represent?

Which account type is increased by credits?

What is accrual accounting primarily concerned with?

Which statement records the revenue earned and expenses incurred in a period?

What is cost of goods sold (COGS)?

What does a trial balance verify?

Which transaction increases both an asset and owner’s equity?

		%
	Anonymous	%
		%
		%