wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

Chapter 5 Books of Prime Entry : Tutorial 1

Total questions: 10

Worksheet time: 30mins

Name
Class
Date
1.

The following items are recorded in the general journal except

a)

Purchase on non-current assets on credit

b)

Purchase of goods on credit from supplier

c)

Withdrawal of goods by the owner for personal consumption

d)

Opening entries, adjusting entries and closing entries

2.

The sales journal is

a)

used to record all sales

b)

used only to record sales of goods on credit

c)

used only to record cash sales

d)

used only to record sales of assets on credit

3.

The purchase journal is

a)

used to record credit purchases

b)

used to record cash purchases

c)

used to record all purchases

d)

all of the above

4.

One benefit of recording transactions in a journal is

a)

To reduce workload of the bookkeeper

b)

To show the financial position of the business

c)

To provide chronological record of business transactions

d)

To help in the preparation of Bank Reconciliation statement

5.

A credit note received from a supplier should be recorded in the

a)

cash receipts journal

b)

general journal

c)

return inwards journal

d)

return outwards journal

6.

The following items are recorded in the Cash Receipt Journal except

a)

Settlement of debtor by cash

b)

Drawing by owner in form of cash

c)

Capital contribution by owner by cheque

d)

Sales of goods by cheque

7.

The following items are recorded in the Cash Payment Journal except

a)

Settlement of debt to creditors by cheque

b)

Drawing by owner in form of cash

c)

Purchase of assets by cash

d)

Sales of goods by cheque

8.

Which of the following item should be recorded in the Purchase Return Journal

a)

Purchase of goods on credit from Abu Trading

b)

Sales of goods on credit to Aminah Sdn Bhd

c)

Return of goods to Salmah Enterprise

d)

Return of goods from Malik & Co

9.

Which of the following item should be recorded in the Sales Journal

a)

Sales of goods to Zizi by cash

b)

Sales of assets to Zaza on credit

c)

Sales of assets to Zuzu by cheque

d)

Sales of goods to Zozo on credit

10.

Which of the following item should be recorded in the General Journal

a)

Purchase of assets by cash

b)

Capital contribution by owner in form of cash

c)

Drawing of goods by owner

d)

Sales of asset by cheque