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FA1 Topic 3&4 v1

Authored by Masz Mikan

Other

University

Used 2+ times

FA1 Topic 3&4 v1
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Balance for ASSETS

Debit

Credit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Started business with RM5,000 cash in the bank

Dr Bank

Cr Capital

Dr Cash

Cr Capital

Dr Capital

Cr Bank

Dr Capital

Cr Cash

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Purchased goods worth RM500 on credit.

Dr Purchase

Cr Creditor

Dr Goods

Cr Creditor

Dr Purchase

Cr Debtor

Dr Goods

Cr Debtor

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Received rent fee by online banking transfer

Dr Bank

Cr Rent received

Dr Rent

Cr Bank

Dr Cash

Cr Rent received

Dr Rent

Cr Cash

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Balance for drawing and office equipment.

Drawing : Debit

Office Equipment : Debit

Drawing : Credit

Office Equipment : Debit

Drawing : Debit

Office Equipment : Credit

Drawing : Credit

Office Equipment : Credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sold goods & received payment by QR code.

Dr Bank

Cr Sales

Dr Cash

Cr Sales

Dr Sales

Cr Bank

Dr Sales

Cr Cash

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Send credit notes to Abby.

Dr Sales Return

Cr Debtor-Abby

Dr Purchase Return

Cr Debtor-Abby

Dr Creditor-Abby

Cr Purchase Return

Dr Creditor-Abby

Cr Sales Return

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