Choose the journal where the following transactions will be recorded:
Proceeds from the sale of land.
Acctg102- Special Journals
Quiz
•
Business
•
University
•
Medium
Jaypee Bigno
Used 7+ times
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Choose the journal where the following transactions will be recorded:
Proceeds from the sale of land.
Purchase Journal
Sales Journal
Cash Receipts Journal
Cash Payments Journal
General Journal
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Choose the journal where the following transactions will be recorded:
Payments of supplier's accounts with discount.
Purchase Journal
Sales Journal
Cash Receipts Journal
Cash Payments Journal
General Journal
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Choose the journal where the following transactions will be recorded:
Sales discounts given upon receipt of customer's accounts.
Purchase Journal
Sales Journal
Cash Receipts Journal
Cash Payments Journal
General Journal
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Choose the journal where the following transactions will be recorded:
Purchase of merchandise on credit.
Purchase Journal
Sales Journal
Cash Receipts Journal
Cash Payments Journal
General Journal
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Choose the journal where the following transactions will be recorded:
Sale of merchandise on credit.
Purchase Journal
Sales Journal
Cash Receipts Journal
Cash Payments Journal
General Journal
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Choose the journal where the following transactions will be recorded:
Correcting entries for the wrong entries made.
Purchase Journal
Sales Journal
Cash Receipts Journal
Cash Payments Journal
General Journal
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Choose the journal where the following transactions will be recorded:
Salary given to employees.
Purchase Journal
Sales Journal
Cash Receipts Journal
Cash Payments Journal
General Journal
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