JOURNAL

JOURNAL

11th Grade

10 Qs

quiz-placeholder

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JOURNAL

JOURNAL

Assessment

Quiz

Other

11th Grade

Hard

Created by

Gauri Doke

Used 5+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

Record the following transactions in the book of original entry of Alexander Grayson

1.Goods worth 20,000 insured for 15,000 and paid a premium by cheque of current account at the rate of 20 per thousand

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2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

3.Received an order for goods from Catherine 5,000.

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3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4.Received an order from Christina for 5000 and an advance of 500 by a post-dated cheque, which was subsequently endorsed to Violet after receiving a discount of 50.

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4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2.Paid Cameron(clerk) 7,500 the balance of his salary after adjusting the advance of 2,500 given to him before.

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5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5.Noting charges of 700 were paid on behalf of Juliette from a Fixed Deposit Account.

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6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

6.Alexander was declared insolvent and could pay Julius only 50,000 ie, 50 paise in rupee.

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7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

7.Invoiced goods worth 27,000 to Matthew.

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