Journalizing

Journalizing

11th Grade

5 Qs

quiz-placeholder

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Journalizing

Journalizing

Assessment

Quiz

Business

11th Grade

Practice Problem

Medium

Created by

Carmi Miguel

Used 17+ times

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5 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Rendered service to customer but promised to pay next month

Dr. Accounts Receivable

Cr. Service Revenue

Dr. Service Revenue

Cr. Accounts Receivable

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Purchased machine for cash

Dr. Machine

Cr. Cash

Dr. Cash

Cr. Machine

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Withdrew cash for personal use

Dr. Owner, Drawings

Cr. Cash

Dr. Cash

Cr. Owner, Drawings

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Purchased inventories through credit

Dr. Inventories

Cr. Accounts Payable

Dr. Accounts Payable

Cr. Inventories

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Paid salaries to employee

Dr. Salaries Expense

Cr. Cash

Dr. Cash

Cr. Salaries Expense