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Can you name the accounts classified as each of the following?
created by
Icymantaman
Enter an account title in the box below
Correctly named account titles will show up below
Answers do not have to be guessed in order
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Enter account title:
0
/16 account titles correct
05:00
Show Missed Answers
Assets
Liabilities
Owner's Equity
Source Documents
In the transaction, PAID CASH FOR ADVERTISING, $75, you should debit advertising and __________ Cash.
Each item recorded in a journal is called a/an:
In the transaction, PAID CASH FOR MISCELLANEOUS EXPENSE, $400, you should debit _________________________ and credit Cash.
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There are
6 comments
for this game.
(Warning: comments may contain spoilers)
The Accounting Quiz
by
Icymantaman
Created Mar 24, 2010 in
Miscellaneous
Game Plays 2,431
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Tags
type
classified
account
accounting
kickdrum1218
:
Jun 9th, 2010 at 15:52 GMT
1 point
Wish accounting was this easy!
IrichOspN
:
Jun 18th, 2010 at 23:25 GMT
1 point
is this supposed to be specific to some sort of job like a teller? or why did you chose these accounts and not others?
stilicho
:
Jun 28th, 2010 at 06:21 GMT
3 points
Should be much more inclusive as there are many more accounts possible than listed here. For example, assets also includes, among many others, Land, Investments, PP&E, and Goodwill. Equity should include common stock and additional PIC, and more.
mgamage
:
Apr 6th, 2011 at 20:30 GMT
2 points
Awful. The account listing seems random and incredibly specific for not having providing specific context. From a generic accounting theory perspective, over half of the accounts are uncommon or rare. For example, how can inventory and PP&E not be acceptable assets, or Common Stock and APIC as acceptable Owner's Equity items?
anna
:
Apr 23rd, 2011 at 06:02 GMT
1 point
What about PPE & intagibles for assets, things like prepayments and accruals as well. Also in Australia we call them "cheque butts" so you should include alternative spellings. Expenses are not an equity item.
Osiriz
:
Oct 17th, 2011 at 19:59 GMT
1 point
LOL this is not real accounting. It is FAR more complex than this.
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