Basic Questions
Easy
Medium
Hard
Hardcore Crazy Maniac
100
I have a computer. what is computer in accounting?
Asset
100
the capital of a business that is used in its day-to-day trading operations, calculated as the current assets minus the current liabilities. what is it called?
Working Capital
100
i go to a store and then i buy 5 apples it costs $5000 and then the price was deducted become $4000. What is the process called?
Trade Discount
100
i buy a laptop that is supposed to be $5000. but since some parts are torn and broken. the price is deducted became $1 what is it called?
Depreciation
100
Every business companies must at least use the same accounting method everyday. and the same method and rules should be applied all the time. what is it called?
Consistency
200
i want to buy 10 laptops that costs $99999 but i only have $99998 so i borrowed $1 from cibo company. what is the process called?
Liabilities/Loan
200
i am used as the starting money in every business
Capital
200
every activity that involves money/cash. what is it called?
Transactions
200
when i buy many things from the supermarket. i always receive the receipts and strokes. what is the process called?
Objectivity
200
i hold the wrong amount of the account. the first time its overvalued. the second time its undervalued. what kind of error am i?
Compensating Error
300
i'm an account that can make the business bankrupt. what is the account name?
Expenses
300
i record all kinds of transactions with credit.
Special Journal
300
i want to buy a pencil but i dont have money. so someone lend me some money. what is that "someone" called?
Creditor
300
i'm an account that records the expenses and revenues in every transaction
Profit and loss
300
i wrongly placed the correct account. but i put it in the wrong side. what am i?
Error of complete reversal
400
i'm the one who make the business more succesful and better. what is the account name?
Revenue
400
i took $50000000 from the business bank. what is it called?
Drawing
400
Terrence Haram need to buy 300 hotels and 200 heroins and cocaines. but he always borrow money from me and he owe a lot of money from me. what kind of man is he in accounting?
Debtor
400
im an error that does not leaves a transaction either empty or not recorded. what accounting error am i?
Errror Of Ommission/Ommission Error
400
the company name is " Son Of A Come" and it has copyright under the name of Sunda 2014. and its trademarked. and i cant seem to touch it. what process is it called?
Intangible
500
Assets=Liabilities+Owner's Equity. What am i called?
Accounting Equation
500
i am always used to check the equality for both debit and credit's side. what am i called?
Trial Balance
500
i have many buildings concentrated in one area. what is the area called?
Premise
500
i borrowed too much money from the bank capacity that i should've borrowed. so i have gone above its limit. what is the process called?
Bank Overdraft
500
i am used for buying food and other cheap expenses.
Petty Cash
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