All of the choices below are examples of transactions that are recorded in the general journal, except:

The original journal entry of a _______________ is:

Dr. Accounts Receivable xx

Cr. Sales xx

Sales of non-current assets on credit are recorded in the _________.

Hong Yang Company was a second-hand car dealer. A second-hand car was purchased on credit from Dunmo Cars Trading. Which Special Journal would be used by Hong Yang Company for the transaction?

Credit notes issued by us will be entered in our

Which of the following transactions will be entered in the Sales Journal before being posted to the General Ledger?

1. Which two of the following are the “ Books of Original Entry”?

I Sales Ledger

II Sales Day Book

III Purchases Ledger

IV Purchases Day Book

The above Journal refers to which of the following records?

The Sales Returns Journal, is totaled at a convenient interval and the total must be posted to the appropriate ledger accounts. Which of the following double entry is correct?

Cash sales to Aminah

Sent invoice to Aliman.

Which of the following is not a Book of Prime Entry?

Sales Return Journal is used to record

When a credit customer pays a cheque to settle her account, record in

X sends back $800 of faulty goods to Y in

which book of prime entry would Y record this

transaction?

An article is subject to a 20% trade discount. Its list

price is $600. What is the sale price?

A trader received an invoice for $4 000 less 25%

trade discount. Subsequently he returned one-eighth

of the value of the goods. What amount would be

entered in his Returns Outwards Account?

A Supplier offers the following discounts. Trade

discount 12.5% off list and cash discounts of 3%.

What is the lowest amount that will be paid for

goods with a list price of $1 600?

Special journals are books of ______________ that record specific transactions.