WorksheetsAAT Level 2 - Debits or Credits
Total questions: 15
Worksheet time: 8mins
Name
Class
Date
1.
Capital
a)
Debit
b)
Credit
2.
Bank with a balance of £300
a)
Debit
b)
Credit
3.
Telephone Expenses
a)
Debit
b)
Credit
4.
Bank Loan Outstanding
a)
Debit
b)
Credit
5.
Wages Expense
a)
Debit
b)
Credit
6.
Money taken out of the bank by the owner and spent down the pub
a)
Debit
b)
Credit
7.
Ford Transit Van
a)
Debit
b)
Credit
8.
SLCA (Receivables)
a)
Debit
b)
Credit
9.
Cash sales of £500
a)
Debit
b)
Credit
10.
Computer costing £999
a)
Debit
b)
Credit
11.
£2000 invested in the business by the owner (capital)
a)
Debit
b)
Credit
12.
Office expenses, including paper and pens
a)
Debit
b)
Credit
13.
Bank overdraft
a)
Debit
b)
Credit
14.
VAT owed to HMRC
a)
Debit
b)
Credit
15.
VAT owed from HMRC
a)
Debit
b)
Credit
100 %
