What is the use of the Sales Journal?
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Books of Prime Entry Quiz
Quiz
•
Business
•
8th Grade
•
Medium
Hassan Rameez
Used 2+ times
FREE Resource
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
To record credit sales
To record cash sales
To record returns
To record purchases
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What document is used in the Sales Journal?
Sales invoice
Purchase invoice
Credit Notes
Cheque Counterfoil
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the use of the Sales Return Journal?
To record returns by credit customers
To record credit sales
To record cash transactions
To record purchases
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What document is used in the Sales Return Journal?
Credit Notes
Sales invoice
Purchase invoice
Cheque Counterfoil
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the use of the Purchases Journal?
To record credit purchase
To record cash sales
To record returns
To record purchases
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What document is used in the Purchases Journal?
Purchase invoice
Sales invoice
Credit Notes
Cheque Counterfoil
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What is the use of the Cashbook?
To record cash and bank transactions
To record credit sales
To record returns
To record purchases
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