Accounting - Grade 11- Lesson 9
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11th Grade
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8 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A payment of R550 was made on 27 August 2021 but is not yet reflected in the creditors statement.
Dr. Creditors ledger
Cr. Creditors Ledger
Dr. Creditors Reconciliation Statement
Cr. Creditors Reconciliation Statement
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
An invoice for R7 100 was incorrectly posted to the account of our
business instead of another business that has a similar name.
Dr. Creditors Ledger
Cr. Creditors Ledger
Dr. Creditors Reconciliation
Cr. Creditors Reconciliation
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
We returned items to the value of R410 but this is not yet reflected on the creditor statement.
Dr. Creditors Reconciliation
Cr. Creditors Reconciliation
Dr. Creditors Ledger
Cr. Creditors Ledger
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
An invoice received from our
creditor was incorrectly captured in the creditors ledger as R2 800
instead of R8 200.
Dr. Creditors Ledger R8200
Cr. Creditors Ledger R8200
Dr. Creditors Ledger R5400
Cr. Creditors Ledger R5400
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Interest of R41 was charged because of a late payment and only became known when the creditor statement was received.
Dr. Creditors Ledger
Dr. Creditors Reconciliation Statement
Cr. Creditors Ledger
Cr. Creditors Reconciliation Statement
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
We purchased goods on credit from our creditors. This transaction occured after our account was closed off for the month.
Dr. Creditors Ledger
Dr. Creditors Reconciliation
Cr. Creditors Ledger
Dr. Creditors Reconcilaition
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
There was an invoice on the creditor statement of R1 645 that we did not receive. Upon further investigation we found that this amount was incorrectly posted to our account instead of another client.
Dr. Creditors Ledger
Cr. Creditors Ledger
Dr. Creditors Reconciliation
Cr. Creditors Reconcilaition
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