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CREDIT OR DEBIT

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Paying a bill

a)

Credit

b)

Debit

2.

Sales of €50

a)

Credit

b)

Debit

3.

Received Rent

a)

Debit

b)

Credit

4.

Bought a new van

a)

Credit

b)

Debit

5.

Sale of furniture

a)

Debit

b)

Credit

6.

Purchase of raw materials

a)

Credit

b)

Debit

7.

Purchase of stationery for the office.

a)

Credit

b)

Debit

8.

Purchases of €700

a)

Credit

b)

Debit

9.

VAT Refund

a)

Credit

b)

Debit

10.

Paid insurance

a)

Debit

b)

Credit