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Control Accounts (Purchases Control Account)

Authored by jason worrell

Other

12th Grade

Used 127+ times

Control Accounts (Purchases Control Account)
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which side does payments to creditors belong?

Debit

Credit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which side does credit purchases belong ?

Debit

Credit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which side does Returns Outwards belong?

Debit

Credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which side does interest on overdue accounts belong ?

Debit

Credit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which side Discount Received belong ?

Debit

Credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which side does Refunds belong?

Debit

Credit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which side does Dishonoured cheques belong ?

Debit

Credit

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