Cash Receipt Journal Test
Authored by Tutor King
Mathematics
8th Grade
Used 2+ times
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6 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the difference between a Cash Receipt Journal and a Cash Payment Journal?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What information is typically recorded in a Cash Receipt Journal?
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3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of a Cash Receipt Journal?
To record outgoing cash transactions
To record incoming cash transactions
To record both incoming and outgoing cash transactions
To record credit card transactions only
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is typically included in a Cash Receipt Journal?
Date, Receipt Number, Description, Analysis of Receipt, Cash Receipt (R), Bank, Current Balance, and Sundry Account (Bank & Description)
Date, Description, Analysis of Receipt, Cash Receipt (R), Bank, and Current Balance only
Receipt Number, Description, Analysis of Receipt, Cash Receipt (R), and Bank only
Date, Receipt Number, and Cash Receipt (R) only
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
A recipt is the source document for cash received from transactions other than sales.
6.
OPEN ENDED QUESTION
15 mins • 20 pts
Upload your work when done!!!
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Answer explanation
When done close and balance the journal ( add all the transactions).
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