Accounting Firm Trial Balance Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

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

Flashcards are hidden until you start studying

Use Quizgecko on...
Browser
Browser