Control Account (Sales Control Account)
Authored by jason worrell
Other
12th Grade
Used 104+ times
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9 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
On which side does CREDIT SALES belong?
Debit
Credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Receipts from debtors belong ?
Debit
Credit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does interest on overdue accounts belong ?
Debit
Credit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Returns Inwards belong ?
Debit
Credit
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Refunds belong ?
Debit
Credit
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Discount Allowed belong?
Debit
Credit
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which side does Dishonoured cheques belong ?
Debit
Credit
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