Recording Transactions in a General Journal
Authored by Giana Degirolamo
Other
1st - 12th Grade
Used 5+ times
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10 questions
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1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Received cash from owner as an investment
Cash (Credit)
Cash (Debit)
David Dumire, Capital
David Dumire, Drawing
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Paid cash for supplies
Cash (Credit)
Supplies (Credit)
Cash (Debit)
Supplies (Debit)
3.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Paid Cash for insurance
Prepaid Insurance (Credit)
Prepaid Insurance (Debit)
Cash (Debit)
Cash (Credit)
4.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Bought Supplies on account from Casey Company
Supplies (Credit)
Accounts Payable- Casey Company (Debit)
Accounts Payable- Casey Company (Credit)
Supplies (Debit)
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Paid cash on account to Casey Company
Accounts Payable- Casey Company (Credit)
Accounts Payable- Casey Company (Debit)
Cash (Debit)
Cash (Credit)
6.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Received cash from sales
Cash (Credit)
Sales (Debit)
Sales (Credit)
Cash (Debit)
7.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Sold services on account from T. Sundeen
Sales (Debit)
Sales (Credit)
Accounts Receivable- T. Sundeen (Debit)
Accounts Receivable- T. Sundeen (Credit)
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