
Control Accounts
Authored by pravina santosh
Business
10th - 12th Grade
Used 24+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do business give discount allowed ?
For Bulk buying
For Prompt payment
To Avoid error
To check arithmetical accuracy
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is meant by return outward?
Sales return
Bad debt
Purchase return
trade discount
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash purchases do not affect the creditors' control accounts at all - True or False
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is bad debt?
It is a Known loss
It is a discount
It is a sales return
It is a depreciation
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Trade creditors are the same as trade payables - True / False
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You owe Barbi $100 for goods you purchased last month. Is Barbi a trade payable or trade creditor?
Trade Creditor
Trade Payable
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A trade debtor is the same as a trade receivable - True / False
True
False
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
10 questions
PKWU - Administrasi & Pemasaran Bisnis (XI IPS)
Quiz
•
11th Grade
10 questions
Business Transactions
Quiz
•
9th - 12th Grade
12 questions
LGT Maths in Business Studies
Quiz
•
6th - 12th Grade
15 questions
Business-Finance Module 1 Quiz
Quiz
•
12th Grade
10 questions
INCOME STATEMENT
Quiz
•
12th Grade
10 questions
Cashflow
Quiz
•
2nd - 11th Grade
13 questions
Sources of Capital
Quiz
•
10th - 12th Grade
13 questions
Savings Account
Quiz
•
9th - 12th Grade
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
54 questions
Analyzing Line Graphs & Tables
Quiz
•
4th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade