
Chapter 11 Test
Quiz
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others
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Practice Problem
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Hard
Wade Tracy
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12 questions
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1.
MULTIPLE SELECT QUESTION
30 sec • Ungraded
Use the following to answer the first 11 questions. You may put a check in the box of the term you have used,
2.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Credit allowed for part of the purchase price of merchandise that is not returned, resulting in a decrease in the customer’s account payable to the vendor.
3.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
A form prepared by the vendor showing the amount deducted for returns and allowances.
4.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
A group of persons elected by the stockholders to govern a corporation.
5.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Action by a board of directors to distribute corporate earnings to stockholders.
6.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
A journal with two amount columns in which all kinds of entries can be recorded.
7.
FILL IN THE BLANK QUESTION
30 sec • 1 pt
Credit allowed for the purchase price of returned merchandise, resulting in a decrease in the customer’s account payable to the vendor.
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