5.24

5.24

10th Grade

10 Qs

quiz-placeholder

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5.24

5.24

Assessment

Quiz

Other

10th Grade

Medium

Created by

Jennifer O'Connor

Used 2+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the contra account for R270 on credit side of Trading Stock?

Creditors Control

Creditors Allowances

Trading Stock

Total returns

2.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is the value of Cost of Sales from cash sales?

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the journal where trading stock returned by a debtor is recorded?

DJ

CPJ

DAJ

CAJ

4.

FILL IN THE BLANK QUESTION

1 min • 1 pt

What is the value of discount allowed?

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the contra account of R210 on credit side in Debtors Control?

Debtors allowances

Discount allowed

Cost of sales

Trading stock

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

How much is owed to creditors on 1 September?

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the contra account of R105 in Creditors Control?

Debtors allowances

Discount allowed

Discount received

Bank

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