Accounting Chapter 3

Accounting Chapter 3

10th - 12th Grade

25 Qs

quiz-placeholder

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Accounting Chapter 3

Accounting Chapter 3

Assessment

Quiz

Specialty

10th - 12th Grade

Medium

Created by

Lynn Lambert

Used 35+ times

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When cash is paid on account, the amount is recorded how?

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2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When cash is received from sales, the amount is recorded in the

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3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When services are sold on account, the amount is recorded in the

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4.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

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Recording transactions in a journal.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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An invoice used as a source document for recording a sale on account.

receipt

sales invoice

invoice

memorandum

6.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

A business form ordering a bank to pay cash from a bank account.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A business paper from which information is obtained for a journal entry.

memorandum

journal

source document

invoice

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