wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Books of Prime Entry

Total questions: 32

Worksheet time: 13mins

Name
Class
Date
1.

A credit note is issued by

a)

a customer

b)

a supplier

2.

The return of the damaged book by the customer

a)

Sales Return Journal

b)

Purchases Return Journal

c)

Cash Book

d)

General Journal

3.

Client settles debts by cheque

a)

Sales Journal

b)

Purchases Journal

c)

Cash Book

d)

General Journal

4.

Sell assets on credit

a)

Sales Journal

b)

Purchases Journal

c)

Cash Book

d)

General Journal

5.

Sale of goods in cash

a)

Sales Journal

b)

Purchases Journal

c)

Cash Book

d)

General Journal

6.

owner brings in cash into the company

a)

Sales Journal

b)

Purchases Journal

c)

Cash Book

d)

Special Journal

7.

Buy the goods on a credit basis

a)

Sales Journal

b)

Purchases Journal

c)

Cash Book

d)

General Journal

8.

Buy goods on credit

a)

Sales Journal

b)

Purchases Journal

c)

Cash Book

d)

General Journal

9.

owner takes a book from his shop to be awarded to his son

a)

Sales Journal

b)

Purchases Journal

c)

Cash Book

d)

General Journal

10.

Returned damaged goods to credit supplier

a)

Sales Returns Journal

b)

Purchases Returns Journal

c)

Cash Book

d)

General Journal

11.
An action taken place by a business and the effect of this is measured in money is a
a)
transfer
b)
account
c)
transaction
d)
ledger
12.
A place where financial information is recorded is called a / an
a)
account 
b)
transaction
c)
sales 
d)
purchases
13.
The debit side is on which side of the account? 
a)
Left
b)
Right
14.
The credit side of an account is on the 
a)
left side
b)
right side
15.
We use the debit side of the account  to show
a)
Assets 
b)
liabilities
c)
gains
16.
Phone bills, wages and insurance are examples of 
a)
gains
b)
revenue
c)
capital
d)
expenses
17.
Bills that we owe are 
a)
assets
b)
purchases
c)
liabilites
d)
wages
18.
How a company or firm earns money through normal business activity is called 
a)
revenues
b)
capital
c)
accounting 
d)
wages
19.

When customer wish to order the good will sent to supplier

a)

a credit note

b)

an invoice

c)

a purchase order

d)

a sales order

20.

Goods are delivered together with

a)

a delivery note

b)

a credit note

c)

a remittance advice

d)

a purchase order

21.

How many parts has a delivery note

a)

1

b)

2

c)

3

d)

4

22.

An invoice is issued by

a)

a supplier

b)

a customer

23.

Remittance advice is a document issued by

a)

a supplier

b)

a customer

24.

Register of invoices received

a)

Sales day book

b)

Purchases day book

c)

Sales returns day book

d)

Purchases returns day book

25.

Register of invoices issued

a)

Sales day book

b)

Purchases day book

c)

Sales returns day book

d)

Purchases returns day book

26.
The difference between a cash receipt and an invoice is:
a)
A invoice is to indicate that a sale has been received whereas,  a receipt outlines that a sale has been authorised. 
b)
A receipt is to indicate that a sale has been received whereas,  a invoice outlines that a sale has been authorised. 
27.
A payee on the cheque is:
a)
The person who's name appears on the check and is receiving the cheque
b)
The person writing the cheque 
c)
The bank
d)
Cheque number
29.
A deposit slip is:
a)
An order to a bank to pay a stated sum from the drawer's account, written on a specially printed form.
b)
A slip accompanying a bank deposit and containing an itemised list of checks or cash deposited, the date, and the depositor's signature.
29.
A deposit slip is:
a)
An order to a bank to pay a stated sum from the drawer's account, written on a specially printed form.
b)
A slip accompanying a bank deposit and containing an itemised list of checks or cash deposited, the date, and the depositor's signature.
30.
_____________ is a source document that shows a summary of all sales/credit vouchers processed using a credit carded service.
a)
Cashbook
b)
Merchant Summary
c)
Credit Summary
31.
The petty cash system is set up using a:
a)
Balance system
b)
Imprest system
c)
Petty cash system
32.
This records the actual amounts spent from the petty cash during the month:
a)
Vouchers
b)
Petty Cash Box
c)
Petty Cash Book

Similar Resources on Wayground

Unit 9 Test Practice

28 questions

Unit 9 Test Practice

quiz

Worksheet

•

11th Grade

Unit 2: CFA 3 (Standard 3)

27 questions

Unit 2: CFA 3 (Standard 3)

quiz

Worksheet

•

12th Grade

Most missed Questions (CFA #2)

36 questions

Most missed Questions (CFA #2)

quiz

Worksheet

•

11th - 12th Grade

Unemployment & Business Cycle Review

28 questions

Unemployment & Business Cycle Review

quiz

Worksheet

•

12th Grade

WWII Review

28 questions

WWII Review

quiz

Worksheet

•

9th - 12th Grade

AP World Unit 1 Review

33 questions

AP World Unit 1 Review

quiz

Worksheet

•

12th Grade

The Constitution: Articles, Amendments, and Clauses

27 questions

The Constitution: Articles, Amendments, and Clauses

quiz

Worksheet

•

12th Grade

Grade Six: Topic 5 – Early Civilizations of China Study Guide

27 questions

Grade Six: Topic 5 – Early Civilizations of China Study Guide

quiz

Worksheet

•

6th Grade - University