Ünite Sınavı Soruları

Which of the following includes the assets that will be converted into cash, sold, consumed or received within 12 months?

What are the sources of financing a business?

............ is the measure of how quickly and easily an account can be converted into cash.

What is the measure of how quickly and easily an account can be converted into cash?

The company has 15,000 liras of revenues and 3,000 liras of expenses.

Which of the following statement is TRUE about this company's closing process?

At the end of the each month which one is prepared by the company?

Which of the following is the final step of the accounting cycle?

In which of the following financial statement, company reports revenues, expenses and their differences?

Which one is the first step in accounting cycle?

Which one of the following is the last step of the accounting cycle?

 Which of the following step is followed after the opening entries recorded by using the opening balance sheet?

In accounting cycles, which of the following is done after preparing adjusted trial balance?

Which of the following shows the profit and loss of the period in balance sheet?

Which of the following is defined as one form of trial balance that holds in-term transactions’ totals and balances as well as the end of the period transactions’ totals and balances for final checking of the accounts and preparation of financial statements?

What is the full cycle of accounting?

Which accounts go on the Post Closing Trial Balance?

Current liabilities are the short-term liabilities. What are examples of current liabilities?

_____ is the financial statement that reports operation results of a business for a specific period of time (month, quarter quarter, or year year).

Which of the following fills the blank above?

............... reports each asset, liability and owner’s equity in specific sections.