Quiz 20: Chart of Accounts Quiz

A chart of accounts is a listing of all the accounts in a general ledger. Each account needs to be classified as either asset, liability, equity, revenue, or expense.

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1. What type of account is the rental income account?
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2. What type of account is the cash account?
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3. What type of account is the accounts receivable account?
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4. What type of account is the income tax payable account?
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5. What type of account is the common stock account?
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6. What type of account is the retained earnings account?
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7. What type of account is the utilities cost account?
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8. What type of account is the depreciation account?
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9. What type of account is the unearned revenue account?
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10. What type of account is the accumulated depreciation account?
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Quiz 20: Chart of Accounts Quiz December 14th, 2016Team

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