Answer the questions

[shsaeed]

1 . Which one of the following is a Current Liability
Bonds Payable
Mortgage Payable
Accounts Payable
Premium on Bonds Payable


2 . Which one of the following is an Operating Expense
Loss from fire
Interest Expense
Depreciation Expense
Credit Card Expense


3 . Which one of the following is a Long term Asset
Stationary
Machinery
Cash
Accounts Receivable



4 . Which one of following is an Owner's Equity
Withdrawls
Purchases
Cash
Commissions Earned


5 . Which one of the following is a Intangible Asset
Treasury Stock
Stationary
Change Fund
Copyright


6 . Which one of the following is a Longterm liability
Mortgage Payable
Discount on Bonds Payable
Dividents Payable
Interest Payable


7 . Which one of the following is a Intangible Asset
Change Fund
Freewill
Patents
Petty Cash


8 . Which one of the following is a Contra Long Term Asset
Accumulated Depreciation
Allowance for Doubtful Accounts
Premium on Bonds Payable
Discount on Notes Payable


9 . Which one of the following is a Cuurent Liability
Dividends Payable
Discount on Notes Payable
Discount on Bonds Payable
Mortgage Payable


10 . Which one of the following is a Contra Revenue
Accumulated Depreciation
Purchases Discount
Sales Discount
Discount on Notes Payable

Muhammad Asim Saeed Sheikh