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Acct1 - Ch. 4 Source Documents/ General Journal

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

What is the source document when a business "bought supplies on account" ?

a)

Purchase Invoice

b)

Sales Invoice

c)

Check

d)

Register Tape

2.

The source document when a business "sold services on account"

a)

Sales Invoice

b)

Purchase Invoice

c)

Receipt

d)

Register Tape

3.

The source document for "received cash from owner as investment."

a)

Receipt

b)

Sales Invoice

c)

Memorandum

d)

Purchase Invoice

4.

The source document for "received cash from sales."

a)

Receipt

b)

Register Tape

c)

Sales Invoice

d)

Purchase Invoice

5.

The source document for "paid cash for rent."

a)

Register Tape

b)

Receipt

c)

Check

d)

Memorandum

6.
a)

Check

b)

Receipt

c)

Sales Invoice

d)

Purchase Invoice

7.

a)

Check

b)

Receipt

c)

Memorandum

d)

Sales Invoice

8.

a)

Sales Invoice

b)

Receipt

c)

Memorandum

d)

Register Tape

9.

Dunder Mifflin purchased supplies from The Magic Shop -- what is the source document shown?

a)

Purchase Invoice

b)

Sales Invoice

c)

Receipt

d)

Check

10.

What is a business form that orders the bank to pay cash?

a)

Sales Invoice

b)

Receipt

c)

Check

d)

Register Tape

11.

What is the source document that describes goods/ services sold on account?

a)

Check

b)

Sales Invoice

c)

Register Tape

d)

Purchase Invoice

12.

What is a source document that tracks daily sales?

a)

Register Tape

b)

Sales Invoice

c)

Memorandum

d)

Receipt

13.

What is a source document that provides a written message describing the transaction when no other source document is available?

a)

Check

b)

Memorandum

c)

Register Tape

d)

Purchase Invoice

14.

What is a source document that acknowledges that cash has been paid and goods or services have been received?

a)

Purchase Invoice

b)

Sales Invoice

c)

Register Tape

d)

Receipt

15.

What is a source document for recording a purchase on account?

a)

Purchase Invoice

b)

Sales Invoice

c)

Receipt

d)

Register Tape

16.

Which line of the General Journal should be indented?

a)

Debit

b)

Credit

c)

Date

d)

Doc. No.

17.

Complete the statement. The source document number for register tape is...

a)

based on the date.

b)

prenumbered.

c)

not necessary to journalize the transaction.

d)

numbered according to transaction number.

18.

The normal balance of the sales account is

a)

debit.

b)

credit.

c)

not recognized.

d)

changes depending on the transaction.

19.

The normal balance of any asset account is

a)

debit

b)

credit

c)

not recognized.

d)

changes depending on the transaction.

20.

Expense and Drawing accounts have the following affect on overall Owner's Equity:

a)

does not change

b)

increasing

c)

decreasing

d)

depends on the transaction