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WorksheetsFA1 Classification & Record - Part2
Total questions: 10
Worksheet time: 5mins
Paid insurance expenses by cash
Reduce asset RM500 ; Increase expenses RM500
Receive payment insurance by cash
Dr INSURANCE Cr CASH
Wrong side record in Cash Account
Wrong side record in Insurance Rebate Account
Wrong name for Cash Account
Wrong name for Insurance Rebate Account
Dr DEBTORS Cr BANK
Cr DEBTORS Dr CASH
Dr BANK Cr DEBTORS
Dr CASH Cr CREDITORS
MOTOR VEHICLES (at cost) amounted RM 50,000. Calculated the depreciation at 20% per annum on cost
RM100
RM1,000
RM10,000
RM100,000
MOTOR VEHICLES (at cost) amounted RM 55,000 and PROVISION FOR DEPRECIATION MV amounted RM5,000. Calculated the depreciation at 10% per annum on net book value
RM550
RM5,500
RM500
RM5,000
Identify the category for INSURANCE EXPENSES PREPAID
NON CURRENT ASSET
CURRENT LIABILITY
NON CURRENT LIABILITY
CURRENT ASSET
Identify the category for DIVIDEND RECEIVED PREPAID
NON CURRENT ASSET
CURRENT LIABILITY
NON CURRENT LIABILITY
CURRENT ASSET
Which category is false?
TRADE DEBTORS
OFFICE EQUIPMENT
CAPITAL
BANK
Nissan Ace Van, Toyota Vios Car, Inno Light Lorry.
This name list refer to same category of ...
OFFICE EQUIPMENTS
MOTOR VEHICLES
PLANT & MACHINERY
LAND & PROPERTIES
Below are the revenue expenditure except
PRINTING & POSTAGE
SALARIES
PATENT
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