Understanding General Journal Entries

Understanding General Journal Entries

12th Grade

15 Qs

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Understanding General Journal Entries

Understanding General Journal Entries

Assessment

Quiz

Social Studies

12th Grade

Practice Problem

Hard

Created by

Mochamad Anhar

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Apa itu entri jurnal umum?

Entri jurnal umum adalah daftar semua karyawan di sebuah perusahaan.

Entri jurnal umum adalah ringkasan kinerja keuangan bulanan.

Entri jurnal umum adalah catatan transaksi keuangan dalam urutan kronologis, merinci akun yang terpengaruh dan jumlahnya.

Entri jurnal umum adalah catatan hanya untuk transaksi tunai.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Bagaimana cara mencatat penjualan tunai dalam jurnal umum?

Debit akun Kas dan kredit akun Persediaan.

Debit akun Pendapatan Penjualan dan kredit akun Kas.

Debit akun Piutang Usaha dan kredit akun Kas.

Debit akun Kas dan kredit akun Pendapatan Penjualan.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of posting to ledger accounts?

To increase the number of transactions recorded.

To eliminate the need for financial statements.

To create a budget for future expenses.

The purpose of posting to ledger accounts is to organize and summarize financial transactions.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain the difference between a debit and a credit.

Debits decrease assets and increase liabilities; credits increase assets and decrease liabilities.

Debits increase assets/expenses and decrease liabilities/equity; credits decrease assets/expenses and increase liabilities/equity.

Debits only apply to cash transactions, while credits apply to non-cash transactions.

Debits and credits are interchangeable terms with no impact on accounts.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do you determine which accounts to debit and credit?

Debit all accounts equally regardless of changes.

Debit the account that decreases and credit the account that increases.

Debit the account that increases and credit the account that decreases.

Credit the account that increases and debit the account that remains the same.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the effect of a debit on an asset account?

A debit transfers the asset to a liability account.

A debit increases the asset account.

A debit has no effect on the asset account.

A debit decreases the asset account.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the effect of a credit on a liability account?

A credit transfers the liability to an asset account.

A credit increases the liability account.

A credit decreases the liability account.

A credit has no effect on the liability account.

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