Journal & Ledger Revision
Authored by Komal Mohite
Education, Other
11th Grade
Used 4+ times
AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
As per modern classification, if an account is credited to show increase, the account can be
asset
liabilities
expenses
revenue
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Being goods purchased from Ali worth Rs. 5000 @ 10% Trade discount and 2% cash discount. The amount due to Ali is Rs. __________________
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Goods costing Rs. 25000 sold to Raj Enterprises for Rs. 35000. The journal entry will be
Debit sales Rs. 25000 and Credit Raj Enterprises Rs. 25000
Debit sales Rs. 35000 and Credit Raj Enterprises Rs. 35000
Credit sales Rs. 35000 and Debit Raj Enterprises Rs. 35000
Credit sales Rs. 25000 and Debit Raj Enterprises Rs. 25000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Withdrawn by proprietor for house rent
Debit Drawings Credit Cash
Debit Cash Credit Drawings
Debit House Rent Expenses Credit Cash
Debit cash Credit House rent Expenses
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Being goods sold on credit Rs. 135000. CGST & SGST @ 5% each. The amount to be debited is Rs. _________________.
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Suman of Bihar sold goods to Mohan of Maharashtra. What type of GST will be applied?
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The manager of a company wants to know how much Tina Ltd. owes them. He can know this by looking at the _____________.
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports
Continue with Google
Continue with Email
Continue with Classlink
Continue with Clever
or continue with
Microsoft
%20(1).png)
Apple
Others
Already have an account?
