ACCOUNTING 200 EXAM PRACTICE QUESTIONS WITH 100% CORRECT ANSWERS

ACCOUNTING 200 EXAM PRACTICE
QUESTIONS WITH 100% CORRECT
ANSWERS
List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


CASH

ASSETS

List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


ACCOUNTS RECEIVABLE

ASSETS

List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


ALLOWANCE FOR DOUBTFUL ACCOUNTS

ASSETS

List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


INTEREST RECEIVABLE

ASSETS

List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


INVENTORY

ASSETS

List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


SUPPLIES

, ASSETS

List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


PREPAID INSURANCE

ASSETS

List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


PREPAID RENT

ASSETS

List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


LAND

ASSETS

List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


EQUIPMENT

ASSETS

List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


ACCUMULATED DEPRECIATION -- EQUIPMENT

ASSETS

List whether the following is assets, liabilities, stockholder's equity, revenues, or expenses.


BUILDINGS

ASSETS