TicTacToe Fun Accounting Tools
TicTacToe Fun
Question 1
Electricity expenses amounting to RM500 were outstanding.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues
Question 2
RM888 of dividend on investment for the whole year was not yet received and recorded.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues
Question 3
The transportation expenses were overpaid by RM370.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues
Question 4
Commission received in advance amounted to RM1,000.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues
Question 5
The interest on fixed deposit of RM450 is not yet received.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues
Question 6
Salaries of RM1,500 was paid in advance to an employee.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues
Question 7
Rental received includes RM1,600 of rental for the next accounting period.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues
Question 8
The annual interest on bank loan of RM1,800 has not been paid.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues
Question 9
RM200 of the advertising expense was unexpired.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues
Question 10
Utilities expenses of RM200 was still owing.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues
Question 11
Subscription revenue received but not yet earned was RM198.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues
Question 12
Commission on sales of RM400 was earned but not yet received.
Accrued expenses
Accrued revenues
Prepaid expenses
Prepaid revenues