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The accounting cycle quiz

Five questions on The accounting cycle. Answer all 5 to see your score. Questions are drawn from a bank of 15, so every attempt is different.

0 of 5 answered

Question 1 of 5

The accounting equation is:

Question 2 of 5

An owner invests 5,000 dollars cash. The effect is:

Question 3 of 5

Collecting cash from a customer's account receivable:

Question 4 of 5

The business entity concept means:

Question 5 of 5

Expenses increase with:

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