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Ch. 4 - Vocabulary and True/False

Authored by Stephen Spealman

Business

9th - 12th Grade

Used 22+ times

Ch. 4 - Vocabulary and True/False
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28 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A group of accounts.

ledger

general ledger

journal

posting

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ledger that contains all accounts needed to prepare financial statements.

general ledger

posting

file maintenance

correcting entry

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The number assigned to an account.

account number

file maintenance

ledger

posting

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The procedure for arranging accounts in a general ledger, assigning account numbers, and keeping records current.

file maintenance

proving cash

opening an account

correcting entry

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Writing an account title and number on the heading of an account.

opening an account

proving cash

file maintenance

posting

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Transferring information from a journal entry to a ledger account.

posting

proving cash

file maintenance

correcting entry

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determining that the amount of cash agrees with the balance of the cash account in the accounting records.

proving cash

opening an account

correcting entry

posting

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