How many types of control account?
Intro of Control Account

Quiz
•
Other
•
6th - 8th Grade
•
Medium
Shin chan
Used 6+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
1
4
2
6
2.
FILL IN THE BLANK QUESTION
20 sec • 1 pt
Control account are _______ account in the __________ __________
3.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
What is the other name for sales ledger control account?
Sales Journal
Trade receivable Control account
Purchase ledger
Trade payable Control account
4.
FILL IN THE BLANK QUESTION
20 sec • 1 pt
Purpose on control account is to keep _____ of details and a correct _______ in company's financial statement.
5.
FILL IN THE BLANK QUESTION
20 sec • 1 pt
In sales ledger control account there's return _______ and discount _______.
6.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
Control account is part of double entry system.
True
False
7.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
The balance is on the debit side of sales ledger, means credit suppliers owes the business money.
True
False
Create a free account and access millions of resources
Similar Resources on Wayground
12 questions
Trading Account

Quiz
•
8th - 10th Grade
10 questions
TOPIC 7 ACCOUNTING FOR RECEIVABLES

Quiz
•
7th Grade
10 questions
Ledger Entries

Quiz
•
8th - 11th Grade
10 questions
Barter, Money and Instruments of Exchange Intro Quiz

Quiz
•
6th Grade - University
10 questions
credit vs debit

Quiz
•
6th Grade
15 questions
QUIZ 4 : ACCOUNTING CYCLE

Quiz
•
1st Grade - University
11 questions
Accounting Fundamentals Accounts Payable

Quiz
•
8th Grade - Professio...
12 questions
Double Entry

Quiz
•
8th - 10th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade