SESSION 1 2324 TOPIC 3 ACCOUNTING PROCESS & BOOKS OF ACCOUNT

Which of the following is NOT the accounting process?

• Assembling

• Source of documents

• Journal

• Trial Balance

Books of Prime Entry consist of the following EXCEPT

• Purchase Journal

• Ledger

• General Day Book

• Sales Day Book

Special Journal consist of the following EXCEPT

• Purchase Journal

• Sales Day Book

• Purchase Return Journal

• Cash Book

• Return Inwards Journal

Bought goods from Ali by credit. This transaction can be recorded in

• Sales Journal

• Purchase Return Journal

• Purchase Journal

• Sales Return Journal

What types of source document involve if I return damage goods to my supplier.

• Credit note

• Receipt

• Invoice

• Cash bill

What types of source document involve if I sold my goods in credit transactions.

• Invoice received

• Receipt received

• Invoice issued

• cheque

Mr. A took cash from his office for his own use. This transaction will involve what types of prime book.

• Purchase Journal

• Sales Journal

• General Journal

• Cash Book

Invoice received will be used for this transaction.

• Sold goods by cash to Mr. M

• Purchase goods using cash from Mr. N

• Return goods to Mr. N.

• Purchased goods by credit from Mr. O

If there is opening balance what types of prime books involved.

• Cash book

• Purchase Journal

• General Journal

• Sales Journal

Which of the following is NOT a source of document?

• Cheque butts

• Memo

• Cash Bill

• Ledger