Source docs books pf prime entry and ledgers

Source docs books pf prime entry and ledgers

10th Grade - Professional Development

17 Qs

quiz-placeholder

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Source docs books pf prime entry and ledgers

Source docs books pf prime entry and ledgers

Assessment

Quiz

Other

10th Grade - Professional Development

Hard

Created by

Hannah Hammond

Used 5+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

ABC Ltd buy £250 of goods from us, what is the source document to record this?

Purchase Invoice

Bank Statement

Sales Invoice

Customer credit note

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

ABC Ltd return £15 of goods to us, what is the source document to record this?

Sales Invoice

Bank Statement

Supplier credit note

Customer credit note

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Information found on the bank statement is recorded in the Cash book

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Credit Sales are recorded in the

Sales Journal

Purchase Returns Journal

Purchases Journal

Cash book

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Credit notes sent to customers are recorded in the _______ journal

Returns Inwards

Returns Outwards

Purchases

Sales

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Information from a paying in slip counterfoil is recorded on which side of the cashbook?

Debit

Credit

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Credit notes sent from suppliers are recorded in the _______ journal

Sales

Purchases

Returns Outwards

Returns Inwards

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