
Level 2 revision-Synoptic Lesson 1
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Professional Development
Professional Development
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9 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A carried down bank balance on the ________ side of the cash book means that there is money in bank.
Debit
Credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The VAT fraction is
1/2
1/3
1/6
1/12
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A document sent by the seller to a trade receivable stating the amount payable and date due is a
Remittance Advice
Bank Statement
Invoice
Statement of Account
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A cash purchase of £85 has been recorded in the cash book only. This will
cause an imbalance in the trial balance
not cause an imbalance in the trial balance
5.
DRAG AND DROP QUESTION
1 min • 1 pt
"I've had an email from the accounts supervisor at Jones Ltd concerned about their statement of account. She says there are sales invoices that she knows nothing about. I wonder if they should be for T Jones and that we have made an error of (a)
6.
DRAG AND DROP QUESTION
1 min • 1 pt
A (a) would be used to pay £380 for new tyres for the company van.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Travis Limited manufactures bicycles from components. Classify the following cost by function (production, administration, or selling and distribution)... Advertising costs
Production
Selling and Distribution
Administration
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