Verbal Communication Skills2024-02-14Insurance Policy Vocabulary2024-02-14 Report a question What's wrong with this question? You cannot submit an empty report. Please add some details. 12345678910 Accounting terms Advanced Business English practice 10 multiple-choice questions If you log in, you will get the results via email. Category: business-advanced 1. The customary manner in which a business analyzes and records its .......... is by first entering them into a journal. communications transactions ventures dealings Category: business-advanced 2. Journal entries are entered in .......... order, meaning by date, with the earliest date first. sequential chronological numerical successional Category: business-advanced 3. Once the transactions have been entered into the journal they are .......... or transferred into their individual General Ledger accounts. posted lifted allocated noted Category: business-advanced 4. All .......... increase with a debit entry and decrease with a credit entry. assurances advantages assets associates Category: business-advanced 5. Liabilities either have a credit or no .......... at all. debut balance scale debit Category: business-advanced 6. Capital accounts represent the owner's .......... worth in the business. equity value net hammock Category: business-advanced 7. .......... accounts are accounts for your sources of business-generated income. drawing balance liability revenue Category: business-advanced 8. The .......... is the difference between what a business pays for an item wholesale and what the business sells it for retail. markup makeshift makeup moreover Category: business-advanced 9. An accounts payable .......... shows how much you owe each of your vendors. ledger lecture manual leeway Category: business-advanced 10. Accounts .......... shows how much money your customers owe you. receivable collectable obtainable incoming Your score is The average score is 0% LinkedIn Facebook Twitter Restart quiz Author: Kovács Áron Share0