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Balance Sheet Accounts MCQ (Multiple Choice Questions) PDF Download

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The MCQ: The accounts payable, accruals and notes payables are listed on balance sheet as; "Balance Sheet Accounts" App Download [Free] with answers: accrued liabilities, current liabilities, accumulated liabilities, and noncurrent liabilities to study online MBA finance courses. Practice Balance Sheet Accounts Quiz Questions, download Apple eBook (Free Sample) for online business administration degree.

Balance Sheet Accounts Questions and Answers PDF Download

MCQ: 1

The accounts payable, accruals and notes payables are listed on balance sheet as

  1. accrued liabilities
  2. current liabilities
  3. accumulated liabilities
  4. noncurrent liabilities
MCQ: 2

The cash and equivalents, inventories and accounts receivables are classified as

  1. assets on balance sheet
  2. liabilities on balance sheet
  3. earnings on income statement
  4. payments on income statement
MCQ: 3

In the situation of bankruptcy, the stock which is recorded above common stock and below debt account is

  1. debt liabilities
  2. preferred stock
  3. hybrid stock
  4. common liabilities
MCQ: 4

The wages and salaries of employees which company owns in this accounts are called

  1. accrued expenses
  2. accruals accounts
  3. Both A and B
  4. zero liabilities

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