Control Account (Sales Control Account)
12th Grade
•9 Qs
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Control Account (Sales Control Account)
Quiz
•
Other
•
12th Grade
•
Medium
jason worrell
Used 102+ times
FREE Resource
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
On which side does CREDIT SALES belong?
Debit
Credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Receipts from debtors belong ?
Debit
Credit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does interest on overdue accounts belong ?
Debit
Credit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Returns Inwards belong ?
Debit
Credit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Refunds belong ?
Debit
Credit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Discount Allowed belong?
Debit
Credit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Dishonoured cheques belong ?
Debit
Credit
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Bad Debts belong ?
Debit
Credit
9.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Set-off belong ?
Debit
Credit
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