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Froggy Jumps
Froggy Jumps

Accouting equation

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Accouting equation

Froggy Jumps

Played 4 %Accuracy 18 Average time 01:42
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Accouting equation ... Question for accouting equation to learn

Created by

Neha Yadav
Neha Yadav
India

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Accouting equation
 

Froggy Jumps

Accouting equationOnline version

Accouting equation ... Question for accouting equation to learn

by Neha Yadav
1

Bought machinery for cash. Which account increases?

2

Paid electricity bill in cash. Which account decreases?

4

Sold goods for cash. Which account increases?

5

Purchased goods for cash. Which account decreases

6

Received additional capital from the owner. Which account increases?

7

Deposited cash into the bank. Which account increases?

8

Purchased a computer on credit. Which liability increases?

9

Received cash from a debtor. Which asset decreases

10

Owner introduced furniture into the business. Which account increases

11

Owner withdrew goods for personal use. Which account decreases?

 
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