Business Numbers Quiz - Accountancy Learning: Apprenticeships

How well do you know your

Business Numbers?

Want to be in the chance of winning one of six bottles of champagne?

During the EC Convention, enter our short online quiz (6 multiple choice questions) to see how well you know your business numbers – you’ll then be automatically entered into our prize draw (whether or not your answers are correct!)

Then just pop across to stand 12 to see if you are one of our lucky winners!

Answer the questions below to be in the chance of winning

Step 1 of 3

33%

Can champagne be treated as a business expense?(Required)

Yes

No

Is the purchase cost of a motor vehicle an asset or an expense(Required)

Asset

Expense

Is the payment of your 2021 annual insurance premium in December 2020 shown in the Profit & Loss Account or the Balance Sheet?(Required)

Profit & Loss Account

Balance Sheet

If you make a profit of £50,000 will you have £50,000 more cash than you did at the start of the year(Required)

Yes

No

It Depends

Will your EC Convention course cost be included in Cost of Sales or Overheads(Required)

Cost of Sales

Overheads

Nigel sold many of the tickets for the EC Convention during 2020 and 2021. When will his accounts show this as income?(Required)

In the month he sold the tickets

In October 2021

First Name(Required)

Last Name(Required)

Email Address(Required)