WorksheetsCRJ - Gr 8
Total questions: 12
Worksheet time: 6mins
What is the acronym for the Cash receipts journal?
CRJ
CRT
EFT
CRR
When the owners contributes money to the business it will be termed as?
Capital
Drawings
Cash
Income
When the business receives money from a tenant it will be termed as?
Rent income
Drawings
Current income
Rent
When the business receives money from a tenant it will be termed as?
Rent income
Drawings
Current income
Rent
When services are rendered it will be classified as?
Rent income
Servies rendered
Current income
Sales
When the business receives cash what will happen to the bank account?
No effect
Decrease
Increase
Bank is seen as an?
Asset
Liability
Income
Expense
Owners equity
The owner of the business increased his capital from
R120 000 to R200 000. How much is the owner contributing now?
R120 000
R200 000
R80 000
The owner of the business increased his capital from
R120 000 to R200 000. How much is the owner contributing now?
R120 000
R200 000
R80 000
The tenant paid the rent for two months. The monthly rent is R5 000 per month.
R5 000
R10 000
R15 000
Which source document is not used in the CRJ?
CRT
CRR
Receipt
Bank statement
Credit Invoice
How many times do we need to enter the same amount in the CRJ? For example when the owner gives R2 000 cash.
1
2
3
4
