Team 1
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Team 2
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Teams
Name
Score
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5
×
Debtors is a current liability. Is it true or false?
False
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Check
Okay!
Check
5
×
Balance sheet shows the financial position of the company. Is it true or false?
True
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Check
Okay!
Check
5
×
Long term loan is an example for non current liability. Is it correct?
Correct
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Check
Okay!
Check
×
monster
Reset all scores!
Oops!
×
shark
Other team loses 10 points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
banana
Go to last place!
Oops!
5
×
How many accounts will be involved in a transaction?
Two or more accounts
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Check
Okay!
Check
×
lifesaver
Give 20 points!
Oops!
×
star
Double points!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
lifesaver
Give 20 points!
Oops!
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baam
Lose 25 points!
Oops!
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gift
Win 10 points!
Okay!
×
shark
Other team loses 25 points!
Okay!
×
baam
Lose 15 points!
Oops!
5
×
Paid rent in cash $ 25 Which are the two accounts involved in it?
Rent debit and cash credit
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Okay!
Check
5
×
Accounting is the primary stage and book keeping is the secondary stage . Is it true/ False?
False
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Okay!
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5
×
Find the two accounts involved in the given transaction. Paid cash $ 500 to a creditor Mr. Been
Mr. Been a/c Debit Cash a/c Credit
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Check
Okay!
Check
5
×
What is the double entry rules for Asset?
Asset increase debit and Asset decrease credit
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Check
Okay!
Check
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baam
Lose 5 points!
Oops!
×
gift
Win 25 points!
Okay!
×
fairy
Take points!
5
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15
20
25
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thief
Give points!
5
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15
20
25
5
×
Asset- Capital = Liability. Is it correct?
correct
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Okay!
Check
5
×
Ajay began business. He opened a business bank account and invested $ 80 000 as capital. Which account is debited and which is credited?
Bank a/c Debited Capital a/c Credited
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Okay!
Check
5
×
Assets which can be converted into cash with in one year are called as?
Current assets
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Check
5
×
What are the two aspects of double entry system of book keeping?
Receiving aspect and Giving aspect
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Okay!
Check
×
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