
Acct I Chapter 5 Checking Account
Quiz
•
Business
•
10th - 12th Grade
•
Medium
Misty Burgess
Used 11+ times
FREE Resource
Enhance your content in a minute
9 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If any kind of error is made in preparing a check,
VOID should be written on the check.
VOID should be written on the check stub.
a new check should be prepared.
all 3 of the answers
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When cash is short, the entry to replenish petty cash includes a
debit to Cash Short and Over.
credit to Cash Short and Over.
debit to Petty Cash.
credit to Miscellaneous Expense.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Cash Short and Over is classified as a(n)
asset.
liability.
expense.
equity.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Each time cash or checks are placed in a bank account, the customer prepares a
signature card.
check.
deposit slip.
none of these.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The entry to establish a $200.00 petty cash fund is
debit Petty Cash, $200.00; credit Miscellaneous Expense, $200.00.
debit Cash, $200.00; credit Petty Cash, $200.00.
debit Miscellaneous Expense, $200.00; credit Cash, $200.00.
debit Petty Cash, $200.00; credit Cash, $200.00.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A lost check with a blank endorsement on it can be cashed by
anyone who has the check.
only the person whose name follows the words “Pay to the order of.”
only the person who endorsed the check.
no one.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A petty cash fund is always replenished
daily.
weekly.
at the end of the month.
none of these.
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
Ratios
Quiz
•
11th Grade
10 questions
Journals
Quiz
•
10th Grade
10 questions
Kuiz Perniagaan Bab 3 Ting. 4
Quiz
•
10th Grade
13 questions
Sales I - Unit 3.00 Review
Quiz
•
12th Grade
11 questions
Legal Revision
Quiz
•
10th - 11th Grade
10 questions
Minden viszonylagos!
Quiz
•
10th - 12th Grade
10 questions
10mo - La Empresa
Quiz
•
10th Grade
10 questions
cashflow statement
Quiz
•
12th Grade
Popular Resources on Wayground
8 questions
2 Step Word Problems
Quiz
•
KG - University
20 questions
Comparing Fractions
Quiz
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
10 questions
Latin Bases claus(clois,clos, clud, clus) and ped
Quiz
•
6th - 8th Grade
22 questions
fractions
Quiz
•
3rd Grade
7 questions
The Story of Books
Quiz
•
6th - 8th Grade
