Financial services 804 Revision 1

Business documents is used to record business :

• Transactions

• Plans

• Agreements

• Ideas

Machine is classified as :

• Assets

• Liabilities

• Revenues

• Expenses

Account payable is classified as :

• Assets

• Liabilities

• Revenues

• Expenses

What is the name of the following document?

• Cheque

• Invoice

• Receipt

• Memorandum

What is the name of the payee?

• Jaffer Company

• Adnan Company

Based on the given business document ,the general journal that should be recorded in the books of Manal Company is:

• DR. Rent Expense and CR. Cash

• DR. Rent Expense and CR. Account receivable

• DR. Rent Expense and CR. Account payable

What is the name of the following document?

• Invoice

• Receipt

• Cheque

• Invoice

Calculate the total value?

• BD 510

• BD 535

• BD 560

• BD 25

Based on the given business document ,the general journal that should be recorded in the books of Khalid Company is:

• Dr. Cash and Cr. Sales revenue

• Dr. Account receivable and Cr. Sales revenue

• Dr. Machine and Cr. Cash

• Dr. Machine and Cr. Account payable

What is the name of the seller?

• Khalid Establishment

• Sara Company