Chapter 9-10-11

Chapter 9-10-11

9th - 12th Grade

29 Qs

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Chapter 9-10-11

Chapter 9-10-11

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

Created by

Ken Furstenau

Used 34+ times

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29 questions

Show all answers

1.

MATCH QUESTION

1 min • 1 pt

Which Journal Should I use?

When someone pays you cash

General Journal

Transaction that don't fit elsewhere

Cash Payments Journal

Stuff you bought on account to sell

Sales Journal

Stuff you sold on account to customers

Cash Receipts Journal

When you Pay cash to someone

Purchases Journal

2.

MATCH QUESTION

1 min • 1 pt

Match the following

Cash Payments Journal

Bought Office-Supplies on Account

Sales Journal

Received Cash from customer on account

Cash Receipts Journal

Paid Cash for monthly rent

Purchases Journal

Sold Merchandise on Account

General Journal

Purchased Merchandise on Account

3.

CATEGORIZE QUESTION

3 mins • 1 pt

Which is which

Groups:

(a) Asset

,

(b) Liability

,

(c) Owner's Equity

,

(d) Revenue Accounts

K.F., Capital

PrePaid Insurance

Cash

Accounts Payable

K.F., Drawing

Sales

Accounts Receivable

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An Accounts occurring in the Purchases Journal involves

Accounts Recevable Debit and Cash Credit

Accounts Receivable Credit and Purchases Debit

Accounts Payable Credit and Purchases Debit

Purchases Credit and Accounts Payable Credit

5.

DRAG AND DROP QUESTION

1 min • 1 pt

A transaction occurring in the Sales Journal would involve a

(a)   and an ​ (b)  

Sales Credit
Accounts Receivable Debit
Accounts Payble Debit
Accounts Receivable Credit
Accounts Payable Credit
Sales Debit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If I record a transaction in the Cash Payments journal for a fee that involves the use of a credit card, I would write ________________ on the Account Title line

Credit Card Fee Expense

Credit Card Fees

Credit Expense

Nothing, I would put a checkmark

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When I record cash and credit card sales in the cash payments journal, I put a checkmark on the Account Title line

True

False

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