F4 POA Books of Original Entry Quiz

Quiz
•
Business
•
11th Grade
•
Medium
Karla Williamson
Used 212+ times
FREE Resource
20 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
There are _________ books of original entry. (do not include petty cash in your count)
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The books of original entry are also called books of ___________ entry.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Choose the book of original entry from the options.
Sales ledger
Sales journal
Trial Balance
Income Statement
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is the first step in the accounting cycle?
Prepare the trial balance
Prepare the Income Statement
Sort and analyse source documents
Post to ledger
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is the last step in the accounting cycle?
Sort and analyse source documents
Post to the ledger
Prepare the final accounts
Extract a Trial Balance
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Income Statement is prepared from the list of items in the_____________ .
Journal
Ledger
Trial Balance
Cash Book
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which book of original entry records goods sold on credit?
Sales journal
Purchases journal
Cash Book
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