EMS0938
Authored by Woodridge Connect
Other, Education, Business
9th Grade
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What do we call payments that are postponed?
Debit
Credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is a debtor?
Current assets
Non-current assets
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
In which subsidiary journal do businesses record receipts of a debtor?
Cash Payment Journal
Cash Receipts Journal
Debtors Journal
Creditors Journal
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the source document for goods sold to a debtor?
Duplicate Invoice
Original Invoice
Receipt
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
In which subsidiary journal do businesses record for sales to debtors?
Cash Receipt Journal
Cash Payment Journal
Debtors Journal
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