All of following are Assets except?

Correct! Wrong!

All of the following are Liabilities except?

Correct! Wrong!

Liabilities are?

Correct! Wrong!

Residual interest in the net asset of an entity that remains after deducting its liabilities is?

Correct! Wrong!

Economic resources of business that expected to be of benefit in future time referred as?

Correct! Wrong!

All of following are Expenses except?

Correct! Wrong!

Which of the following is an identifiable non-monetary asset without physical substance?

Correct! Wrong!

Revenue?

Correct! Wrong!

All economics costs that a business incur through its operation to earn revenues?

Correct! Wrong!

Which of the following item of revenue nature?

Correct! Wrong!

Accounting Pillars (1-10)
Super Excellent ***
Excellent ***
Very Good **
Good *
Fair
Fail

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