
Insurance Transaction Quiz
Authored by Tyler Smith
Business
10th Grade
Used 2+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the correct way to write the date if this is the first transaction of the month?
Jan.
Jan. 3
3
January 3
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What column does C2 go in?
Credit
Account Title
Doc. No.
Post Ref
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which account is credited in the transaction?
Prepaid Insurance
Cash
Accounts Payable
Accounts Receivable
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where would the words Accounts Payable- Apple be written?
Debit column
Credit column
Date column
Account Title column
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the title of the account debited in the transaction?
Cash
Insurance
Prepaid Insurance
Accounts Receivable
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the amount debited for the supplies purchased?
$220.00
$200.00
$250.00
$300.00
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does M1 stand for?
Receipt #1
Invoice #1
Memorandum #1
Check #1
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?