Accounting- Chapter 1
- Created by: gahrace
- Created on: 16-12-15 19:54
Other questions in this quiz
2. If I had cash and credit sales, who do I sell these to?
- People
- Supplier
- Trade Receivables
- Trade Payables
3. If Liability= £2560 and Assets=£9852, what does capital equal?
- £7,292
- £7929
- £12,412
- Capital can't be worked out like this
4. The set of double-entry accounts of a business is called the...?
- Purchases
- Ledger
- Sales
5. Which one of these are two internal stakeholders?
- Parents of the owner's business
- Owner and manager
- Bank and goverment
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