
Week 3 and 4 double entry
Authored by Uzoamaka Joy
Business
7th Grade
Used 2+ times

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
For every credit entry, there must be a corresponding -------- entry.
complete
debit
double
reversal
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Dr in the ledger stands for-----------
debit
discount
debtor
director
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In application of double entry principle, every transaction involves----- accounts.
5
4
2
1
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is not an expenses.
salary
wages
loan
rent
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The transfer of entries from journals into ledger is called
classifying
drafting
posting
moving
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A typical ledger is divided into -------- parts.
2
3
4
1
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Secondary book of entry is called----------
ledger
journal
petty book
cash book
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