Double Entry

Quiz
•
Other
•
10th Grade
•
Medium
Abigail Lawrence
Used 566+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Started a business with $25000 cash
Debit Cash /Credit Capital
Credit Capital/Debit Cash
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bought office furniture by cheque $1500
Credit Bank / Debit Office Furniture
Debit Office Furniture/Credit Bank
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bought machinery $7500 on credit for Planer Ltd.
Debit Planer Ltd./ Credit Machinery
Debit Machinery/ Credit Planer
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bought motor van paying by cheque $6000
Debit Motor Van/Credit Bank
Debit Bank/ Credit Motor Van
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Paid the amount owing to Planers Ltd $7500 by cheque
Debit Bank/Credit Planers Ltd.
Debit Planers Ltd/ Credit Bank
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Received $600 cash from J. Walker
Debit Cash / Credit J. Walker
Debit J. Walker/Credit Cash
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Bought more machinery by cheque $2800
Debit Bank/Credit Machinery
Debit Machinery/Credit Bank
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