Mrs. Welsh Accounting Quiz
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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A financial statement that reports assets, liabilities, and owner's equity on a specific date. | Balance Sheet
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a financial statement showing the revenue and expenses for a fiscal period | income statement
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the difference between total revenue and total expenses when total revenue is greater | net income
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the difference between total revenue and total expenses when total expenses is greater | net loss
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changes recorded on a work sheet to update general ledger accounts at the end of a fiscal period | adjustments
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a proof of the equality of debits and creits in a general ledger | trial balance
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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