
Accounting - Chapter 3 Journaling review
Quiz
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Other
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9th - 12th Grade
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Medium
Tanya Livingston
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This book is called a book of original entry. Every transaction must first be recorded and in chronological order.
Journal
Journalizing
Recording
Transaction
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of recording a journal entry is called
journal
journalizing
transaction
accounting
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Each transaction can be traced to the types of documents.
journal
accounting
source documents
transactions
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These types of business papers (checks, receipts, invoices, register tape, etc) are used as objective evidence for each transaction.
source documents
journal
accounting
entry
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Assets taken out of a business for the owner's personal use
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Amount owed by a business
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anything of value that is owned by a business.
account
asset
withdrawal
expense
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