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Worksheets

EZY PUZZLE

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which one of the item is NOT consist in SOCI 1?

a)

Sales return

b)

Discount received

c)

Sales

d)

Discount allowed

2.

Below are the account in SOCI 2 EXCEPT

a)

Purchases

b)

Closing Inventory

c)

Insurances on purchases

d)

Salaries

3.

Which are the item are categories in SOCI 3?

a)

Interest received

b)

Bad debt recovery

c)

Increase in Provision for doutbful debt

d)

Dividend

4.

Below are the item for SOCI 4 EXCEPT

a)

Wages on purchases

b)

Stationeries

c)

Miscellaneous expenses

d)

Duties Import

5.

Which are the CORRECT item for SOFP 1?

a)

Bank

b)

Cash

c)

Furniture

d)

Debtors

6.

Below are the item in SOFP 2 EXCEPT

a)

Vehicles

b)

Prepayment Expenses

c)

Cash in hand

d)

Investment

7.

Select the item of SOFP 3

a)

Beginning capital

b)

Net Profit

c)

Drawing

d)

Goodwill

8.

Which one is the item for SOFP 4?

a)

Long term Loan

b)

Bank overdraft

c)

Creditors

d)

Unearned revenue

9.

(a)   is the statement shows the businesses profit.

10.

(a)   is the statement shows the business financial position.