F4 POA Books of Original Entry Quiz

F4 POA Books of Original Entry Quiz

11th Grade

20 Qs

quiz-placeholder

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F4 POA Books of Original Entry Quiz

F4 POA Books of Original Entry Quiz

Assessment

Quiz

Business

11th Grade

Practice Problem

Medium

Created by

Karla Williamson

Used 212+ times

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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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