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WorksheetsThe Accounting Cycle
Total questions: 12
Worksheet time: 6mins
A ___________ are documents where original information is found, for example, sales and purchases invoices and credit notes.
Source Documents
Reciept
Journal
Ledger
A/An _____________________ is a document prepared by the seller when they sell goods or provide serviced on credit.
Credit Note
Debit Note
Invoice
Receipt
This document is raised by the supplier when goods have been returned by the purchaser due to thier being damaged, faulty or supplied to the wrong sprecification, or when an overcharge has been made in an invoice.
Debit Note
Credit Note
Invoice
Receipt
If the supplier agrees, goods bought previously may be returned. When this happens a ______________ is raised by the purchaser and sent to the supplier giving details of the goods returned and the reason for thier return.
Invoice
Receipt
Debit Note
Credit Note
This document acknowledges the receipt of money from a customer and is often issued when a customer purchases goods for cash rather than on credit.
Invoice
Credit Note
Debit Note
Reciept
This is used to record items that are much less common and sometimes complicated and are not recorded in any other book of original entry.
Sales Journal
Journal
Purchases Journal
Purchases Returns Journal
A book used for listing sales invoices.
Sales Day Book
Purchases Day Book
Return Outwards Book
Return Inwards Book
This is similar to the sales day book, but contains lists of purchases invoices received from suppliers of goods and services.
Sales Day Book
Purchases Day Book
Returns Outwards Book
Returns Inwards Book
This is used to records goods returned to suppliers.
Sales Day Book
Purchases Day Book
Returns Ourwards Book
Returns Inwards Book
This is used to list any returns made by customer.
Purchases Book
Sales Book
Returns Inwards Book
Returns Outwards Book
This is another book of original entry used to enter cash and bank receipts and payments.
Sales Day Book
Cash Book
Petty Cash Book
Purchases Day Book
A cash book used for making small (petty) payments, details of which are entered from petty cash vouchers supported if possible by reciept.
Sales Day Book
Cash Book
Petty Cash Book
Purchases Day Book
