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Learn "Balance Sheet Accounts MCQ" App Download with MCQ: Accounts payable, accruals and notes payables are listed on balance sheet as; with answers: accrued liabilities, current liabilities, accumulated liabilities, and noncurrent liabilities. Practice Balance Sheet Accounts Quiz Questions, download Apple Book (Free Chapter) to enhance subject knowledge.

Balance Sheet Accounts MCQs PDF Download – Prep Test

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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Balance Sheet Accounts MCQ App

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Financial Management MCQ App

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