Search Header Logo

Q3 Summative Test 3

Authored by Nerena Abines

Other

9th Grade

Used 11+ times

Q3 Summative Test 3
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What type of account is drawing?

Asset

Capital

Expense

Income

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does withdraw mean?

A. Invest cash in the business

B. Borrow cash from the bank

A. Invest cash in the business

B. Borrow cash from the bank

Pay liability to debtor of the business

D. The owner get cash for personal use

Pay liability to debtor of the business

D. The owner get cash for personal use

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which item is recorded in the debit column?

Cash

Drawing

P 5,000

Withdrew cash.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In a journal entry dated Feb. 7, 2018, which item is NOT written in the date

column?

2018

7

P 5,000

Feb.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Where do we record Drawing when it increases?

Credit

Date

Debit

Explanation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which item is the account debited?

Cash

Macapagal, Drawing

supplies

withdrew cash

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which item is the account credited?

Cash

Macapagal, Drawing

Supplies

Withdrew cash.

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?