STRAYER ACC100 2019 January Quiz 2 (All Sets) Latest

ACC100 Accounting

Quiz 2 Set 1

Question 1

Owner's equity is best depicted by the following:

Question 2

An account will have a credit balance if the

Question 3

"For the basic accounting equation to stay in balance, each transaction recorded must"

Question 4

The revenue recognition principle dictates that revenue should be recognized in the accounting records

Question 5

In preparing closing entries

 

 

 

 

ACC100 Accounting

Quiz 2 Set 2

Question 1

Owner's equity is best depicted by the following:

Question 2

An account will have a credit balance if the

Question 3

"For the basic accounting equation to stay in balance, each transaction recorded must"

Question 4

Which of the following is in accordance with generally accepted accounting principles?

Question 5

In preparing closing entries

 

ACC100 Accounting

Quiz 2 Set 3

Question 1

Liabilities of a company are owed to

Question 2

An account will have a credit balance if the

Question 3

"For the basic accounting equation to stay in balance, each transaction recorded must"

Question 4

Which of the following is in accordance with generally accepted accounting principles?

Question 5

"After the adjusting entries are journalized and posted to the accounts in the general ledger, the balance of each account should agree with the balance shown on the"