Ch. 10 Review

Ch. 10 Review

10th Grade

31 Qs

quiz-placeholder

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Ch. 10 Review

Ch. 10 Review

Assessment

Quiz

Education

10th Grade

Medium

Created by

Krystina Hunt

Used 1+ times

FREE Resource

31 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A subsidiary ledger containing all accounts for charge customers.

Accounts Receivable Ledger

Batch Report

Batching Out

Cash Receipts Journal

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A report of credit card sales produced by a point-of-sale terminal.

Accounts Receivable Ledger

Batch Report

Batching Out

Cash Receipts Journal

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of preparing a batch report from a point-of-sale terminal.

Accounts Receivable Ledger

Batch Report

Batching Out

Cash Receipts Journal

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A special journal used to record only cash receipt transactions.

Accounts Receivable Ledger

Batch Report

Batching Out

Cash Receipts Journal

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A sale in which the customer pays for the total amount of the sale at the time of the transaction.

Cash Sale

Markup

Point-of-Sale (POS) Terminal

Sales Discount

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The amount a business adds to the cost of merchandise to establish the selling price.

Cash Sale

Markup

Point-of-Sale (POS) Terminal

Sales Discount

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A specialized computer used to collect, store, and report all the information about a sales transaction.

Cash Sale

Markup

Point-of-Sale (POS) Terminal

Sales Discount

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