JOURNAL
Quiz
•
Other
•
11th Grade
•
Practice Problem
•
Hard
Gauri Doke
Used 5+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 10 pts
Record the following transactions in the book of original entry of Alexander Grayson
1.Goods worth 20,000 insured for 15,000 and paid a premium by cheque of current account at the rate of 20 per thousand
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
3.Received an order for goods from Catherine 5,000.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4.Received an order from Christina for 5000 and an advance of 500 by a post-dated cheque, which was subsequently endorsed to Violet after receiving a discount of 50.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
2.Paid Cameron(clerk) 7,500 the balance of his salary after adjusting the advance of 2,500 given to him before.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5.Noting charges of 700 were paid on behalf of Juliette from a Fixed Deposit Account.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6.Alexander was declared insolvent and could pay Julius only 50,000 ie, 50 paise in rupee.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
7.Invoiced goods worth 27,000 to Matthew.
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