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BKCL Control accounts

Total questions: 6

Worksheet time: 4mins

Name
Class
Date
1.

What is the double entry for a contra?

a)

DR SLCA CR PLCA

b)

DR PLCA CR SLCA

2.

The opening balance on the VAT control account can be either a DR or CR?

a)

True

b)

False

3.

Bank charges is an example of an adjustment that needs to be made to the cashbook?

a)

True

b)

False

4.

The PLCA has a higher balance then the subsidiary what could explain the difference?

a)

A contra entry has not been recorded in the subsidiary account

b)

Purchase returns have been omitted from the subsidiary account

c)

The purchase daybook was overcast

5.

Irrecoverable debts are recorded on what side of the SLCA

a)

Debit

b)

Credit

6.

The total of the sales ledger is higher than the SLCA what could explain the error?

a)

The sales day book was overcast

b)

An invoice was missed out of a customers account

c)

A contra entry has not been recorded in the control account

d)

Discount allowed was omitted from a subsidiary account