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6. What is accouting known as?
- Numbers and stuff
- The language of business
- The language of love
- The way to find out a profit
7. Which one of these are two internal stakeholders?
- Owner and manager
- Bank and goverment
- Parents of the owner's business
8. What's the accouting equation?
- Income- Expenses= Profit
- Liabilities- Capital = Assets
- Assets-Liabilites=Capital
- Assets + Liabilities= Capital
9. If I purchase something via cash or credit, who have I bought off?
- A person
- Trade Receivables
- Customers
- Trade Payables
10. If I had cash and credit sales, who do I sell these to?
- People
- Supplier
- Trade Receivables
- Trade Payables