Purchased Supplies for cash
Accounting Transactions
10th Grade
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Accounting Transactions
Quiz
•
Business
•
10th Grade
•
Hard
Zoe Keevers
Used 7+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Dr. Cash
Cr. Supplies
Dr. Supplies
Cr. Cash
Dr. Supplies
Cr. Accounts Payable
Dr. Supplies
Cr. Income
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Owner contributed cash to business
Dr. Cash
Cr. Revenue
Dr. Cash
Cr. Accounts Receivable
Dr. Capital
Cr. Cash
Dr. Cash
Cr. Capital
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Purchase of supplies on credit
Dr. Cash
Cr. Accounts Payable
Dr. Supplies
Cr. Accounts Receivable
Dr. Supplies
Cr. Accounts Payable
Dr. Supplies
Cr. Cash
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Service performed on credit for a customer
Dr. Accounts Receivable
Cr. Service fees revenue
Dr. Cash
Cr. Accounts Payable
Dr. Service Fees Revenue
Cr. Accounts Receivable
Dr. Service Fees Revenue
Cr. Accounts Receivable
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Paid rent
Dr. Cash
Cr. Rent Expense
Dr. Accounts Payable
Cr. Rent Expense
Dr. Rent Expense
Cr. Accounts Receivable
Dr. Rent Expense
Cr. Cash at bank
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Business sold goods to a customer who paid a cash deposit and the rest on credit
Dr. Sales
Cr. Cash at bank
Cr. Accounts Receivable
Dr. Cash
Dr. Accounts Receivable
Cr. Sales
Dr. Accounts Payable
Dr. Cash
Cr. Sales
Dr. Sales
Cr. Cash
Cr. Accounts Payable
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Paid telephone
Dr. Telephone
Cr. Cash
Dr. Accounts Receivable
Cr. Telephone
Dr. Telephone
Cr. Accounts Payable
Dr. Cash
Cr. Telephone
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