← SetsAccountancy — Set 2
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Accountancy Practice Questions — Set 2
10 free Accountancy reviewer questions with answers and explanations. Pindutin ang sagot mo para makita agad kung tama — kasama na ang paliwanag. Set 2 of 2.
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Which of the following is a liability?
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What is the 'Going Concern' assumption?
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What does 'Posting' mean in accounting?
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Which account is credited when a business receives cash for services performed immediately?
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What is 'Owner's Drawings'?
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In a T-account, where is the 'Debit' side located?
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What is 'Net Income'?
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What is the purpose of 'Closing Entries'?
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Which of the following is a 'Contra-Asset' account?
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