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Business English Exercises
 

Accounting terms

Test for advanced level students

Home > Teaching Business English > Business English Lessons, Advanced Level # 42
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 All tests  Quiz  FAQ  ESL Forum  Dictionaries Which account do you assign? (Accounting terms)
accounting terms question 1
The customary manner in which a business analyzes and records its ......... is by first entering them into a journal.


accounting terms, answer 1 accounting terms, business english at work, transactions vs communications vs dealings vs ventures

491 Business English Exercises — Printable, photocopiable.
For use in a classroom, at home, on your PC or anywhere.

 memorizing gre vocabs - effort vs. reward? Ask a Teacher
accounting terms question 2
Journal entries are entered in ......... order, meaning by date, with the earliest date first.


accounting terms, answer 2 english business cards, sequential vs numerical vs chronological vs successional

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 memorizing gre vocabs - effort vs. reward? what percentage/formula is used for the employer when figuring the employers FICA
accounting terms question 3
Once the transactions have been entered into the journal they are ......... or transferred into their individual General Ledger accounts.


accounting terms, answer 3 business english training, noted vs lifted vs allocated vs posted

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 memorizing gre vocabs - effort vs. reward? word Net Assets used in sentences
accounting terms question 4
All ......... increase with a debit entry and decrease with a credit entry.


accounting terms, answer 4 english second language, advantages vs associates vs assets vs assurances

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 memorizing gre vocabs - effort vs. reward? Ask a Teacher
accounting terms question 5
Liabilities either have a credit or no ......... at all.


accounting terms, answer 5 business english lesson, scale vs balance vs debit vs debut

 memorizing gre vocabs - effort vs. reward? meaning of "capital account"
accounting terms question 6
Capital accounts represent the owner's ......... worth in the business.


accounting terms, answer 6 accounting terms, english and business, equity vs value vs hammock vs net

 memorizing gre vocabs - effort vs. reward? Ask a Teacher
accounting terms question 7
......... accounts are accounts for your sources of business-generated income.


accounting terms, answer 7 business grammar, liability vs revenue vs balance vs drawing

 memorizing gre vocabs - effort vs. reward? Ask a Teacher
accounting terms question 8
The ......... is the difference between what a business pays for an item wholesale and what the business sells it for retail.


accounting terms, answer 8 business vocabulary, markup vs makeup vs makeshift vs moreover

 memorizing gre vocabs - effort vs. reward? Ask a Teacher
accounting terms question 9
An accounts payable ......... shows how much you owe each of your vendors.


accounting terms, answer 9 business esl, lecture vs leeway vs ledger vs manual

 memorizing gre vocabs - effort vs. reward? Meaning of owe
accounting terms question 10
Accounts ......... shows how much money your customers owe you.


accounting terms, answer 10 business letters, incoming vs receivable vs obtainable vs collectable

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
You will be exposed to a wealth of authentic sample sentences that include a great variety of themes. This compact Business English Test Package is the only printable English test collection currently available on the Internet. It contains 491 Business English Exercises (10 questions per test plus answer keys).  Get your unique Business English Practice Exercises now!

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