Chapter 5 & 16

Name the ledger in which the following account is found: Trade receivables control account

• General Ledger

• Sales Ledger

• Purchases Ledger

Name the ledger in which the following account is found: Trade receivable - Rachel account

• General Ledger

• Sales Ledger

• Purchases Ledger

Name the ledger in which the following account is found: Trade payables control account

• General Ledger

• Sales Ledger

• Purchases Ledger

Name the ledger in which the following account is found: Trade payable - Aden account

• General Ledger

• Sales Ledger

• Purchases Ledger

Name the ledger in which the following account is found: Sales revenue account

• General Ledger

• Sales Ledger

• Purchases Ledger

Name the ledger in which the following account is found: Inventory account

• General Ledger

• Sales Ledger

• Purchases Ledger

Name the ledger in which the following account is found: Other receivable - Hannah account

• General Ledger

• Sales Ledger

• Purchases Ledger

Which of the following transactions would NOT be recorded in the trade receivables control account?

• Credit sales

• Goods returned by credit customers

• Cash sales

• Cash discounts

Which of the following transactions would NOT be recorded in the trade payables control account?

• Inventory purchased on credit terms

• Inventory purchased on cash terms

• Inventory returned to credit suppliers

• Cash discounts

Which of the following will be recorded in the debit column of the trade receivables control account? (you can pick more than one)

• Write off of trade receivables

• Cheques received from credit customers

• Total dishonoured cheques

• Interest charged on late payments

• Total cash sales