Accounting Firm Trial Balance Quiz
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Questions and Answers

What is the value of office supplies used during the year?

  • RM500
  • RM150
  • RM650
  • RM350 (correct)

What is the amount of prepaid insurance that should be expensed for the year?

  • RM1,200
  • RM2,000 (correct)
  • RM2,400
  • RM4,800

What is the amount of accounting fees that needs to be deferred?

  • RM2,300
  • RM2,000
  • RM3,400 (correct)
  • RM3,000

What is the amount of rental revenue that needs to be accrued?

<p>RM500 (A)</p> Signup and view all the answers

What is the amount of interest expense that needs to be accrued?

<p>RM300 (A)</p> Signup and view all the answers

What is the total amount of salaries and utilities expenses that need to be accrued?

<p>RM800 (B)</p> Signup and view all the answers
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