Font size
WorksheetsDOUBLE ENTRY
Total questions: 40
Worksheet time: 20mins
Double entry system requires that each transaction must be recorded
In at least two different accounts.
In a trial balance
In two sets of books of accounts.
In a journal and in a ledger
Returns of goods bought on credit from a supplier is to be recorded as
Debit Return Inwards a/c, credit Acc receivable a/c
Debit Return Outwards a/c, credit Acc Payable a/c
Debit Acc Receivable a/c, credit Return Inwards a/c
Debit Acc Payable a/c, credit Return Outwards a/c
The effect of buying an office equipment on credit is decrease in asset and increase in liability.
TRUE
FALSE
Which of the following is the double entry for cash purchase of goods to Ezatee Enterprise?
Debit sales account Credit Cash account
Debit Purchase account Credit Cash account
Debit Purchase account Credit Ezatee Enterprise
Debit Ezatee Enterprise Credit Sales account
Zehraa Salon bought hair care product amounted to RM12,000 from Shishedo Sdn Bhd on credit. What is the double entry for this transaction?
Debit Return Inwards Credit Cash
Debit Purchase Credit Cash
Debit Cash Credit Purchase
Debit Purchase Credit Shishedo Sdn Bhd
If the owner took goods from the business for personal use, the double entry for the transaction is
Debit Drawings Credit Cash
Debit Owner Equity Credit Goods
Debit Drawings Credit Purchase
Debit Bank Credit Goods
Started business with RM 30,000 cash
Debit Cash Credit Business
Debit Account Receivable Credit Cash
Debit Cash Credit Capital
Debit Capital Credit Cash
Received loan from Gangsa Bank by cheque
Debit Loan Credit Bank
Debit Bank Credit Loan
Debit Gangsa Bank Credit Bank
Debit Bank Credit Cash
Paid all the amount owing to Jaburt Enterprise RM4900 by cheque and received discount
Debit AP-Jaburt Enterprise Credit Discount Received
Debit Bank Credit Discount Received
Debit Bank Credit Discount Received Credit AP-Jaburt Enterprise
Debit AP-Jaburt Enterprise Credit Bank Credit Discount Received
Sold goods to customer RM350 by cash
Debit Sales Credit Cash
Debit Cash Credit Sales
Debit goods Credit Cash
Debit Sales Credit Bank
Nur Syafira invested RM50,000 into the business and deposited the money into
the business bank account
Debit Capital Credit Bank
Debit Bank Credit Capital
Debit Drawings Credit Bank
Debit Cash Credit Bank
Paid water bill to Syarikat Bekalan Air Bersih (SBAB) by cheque amounted to
RM200
Debit Water Bill Expenses Credit Bank
Debit Water Bill Expenses Credit Syarikat Bekalan Air Bersih (SBAB)
Debit Syarikat Bekalan Air Bersih (SBAB) Credit Bank
Debit Water Bill Expenses (SBAB) Credit Cash
The business returns goods to the creditors Izara Sdn. Bhd. amounted to
RM600
Debit Return Outwards Credit Izara Sdn Bhd
Debit Izara Sdn Bhd Credit Return Inwards
Debit Izara Sdn Bhd Credit Return Outwards
Debit Return Inwards Credit Izara Sdn Bhd Credit Bank
The business purchased a machinery worth RM15,000 on credit from Trex Machinery Sdn Bhd.
Debit Machine Credit AR - Trex Machinery Sdn Bhd
Debit AR Machinery Sdn Bhd Credit Machine
Debit Machine Credit AP-Trex Machinery Sdn Bhd
Debit AP-Trex Machinery Sdn Bhd Credit Machine
Debtors Tax Consult firm returned the office chair worth RM300 due to its wrong colour and was refunded accordingly.
Debit Return Inwards Credit AR Tax Consult Firm
Debit AR Tax Consult Firm Credit Return Inwards
Debit Return Inwards Credit Cash
Debit Cash Credit AR Tax Consult Firm
The company pays rental amounting RM4,000 by cheque. The account used to record this transaction are
Rental received and bank account
Rental received and cash account
Rental expense and bank account
Rental expense and cash account
Paid salaries expenses by cheque
Debit Salaries Expenses Credit Cash
Debit Bank Credit Salaries Expenses
Debit Salaries Expenses Credit Bank
Debit Cash Credit Salaries Expenses
Business made cash purchases of fixture and fittings
Debit Cash Credit Fixture and Fittings
Debit Purchase Credit Fixture and Fittings
Debit Fixture and Fittings Credit Cash
Debit Purchase Credit Cash
Purchase laptop worth RM 3,000 from Metro Computer Sdn Bhd and paid RM 1,000 by cheque immediately
Debit Laptop Credit Bank
Debit Laptop Credit Metro Computer Sdn Bhd
Debit Metro Computer Sdn Bhd Credit Laptop
Debit Metro Computer Sdn Bhd Credit Bank
Received interest on fixed deposit by cheque
Debit Interest on Fixed Deposit Credit Bank
Debit Fixed Deposit Credit Bank
Debit Interest on Fixed Deposit Credit Cash
Debit Bank Credit Interest on Fixed Deposit
Took $500 out of the bank and put it into the cash till.
Debit Cash/Credit Bank
Debit Bank/Credit Cash
Sold office machinery for cash
Debit Cash/Credit Office Machinery
Debit Office Machinery/Credit Cash
Put 14000 cash into the bank.
Debit Cash/Credit Bank
Debit Bank/Credit Cash
Bought a computer by cash $2500. What is the double entry to record this transaction?
Debit Computer and Credit Cash
Debit Cash and Credit Computer
Debit Cash and Credit Purchases
Debit Purchases and Credit Cash
Bought goods worth $4000 on credit from Ben. What is the double entry to record this transaction?
Debit Purchases and Credit Cash
Debit Cash and Credit Purchases
Debit Ben and Credit Purchases
Debit Purchases and Credit Ben
Jack withdrew goods worth $500 from the business for his personal use. What is the double entry to record this transaction?
Debit Goods and Credit Jack
Debit Jack and Credit Drawings
Debit Drawings and Credt Purchases
Debit Purchases and Credit Drawings
Sold old computers worth $1500 by cheque. What is the double entry to record this transaction?
Debit Computers and Credit Cash
Debit Computers and Credit Cheque
Debit Bank and Credit Computers
Debit Computers and Credit Bank
Mark returned goods worth $40 to the business. What is the double entry to record this transaction?
Debit Mark and Credit Sales Returns
Debit Sales Returns and Credit Mark
Debit Cash and Credit Mark
Debit Mark and Credit Cash
Returned goods worth $200 to Ben. What is the double entry to record this transaction?
Debit Ben and Credit Purchases Return
Debit Purchases Return and Credit Ben
Debit Cash and Credit Purchases Return
Debit Purchases Return and Credit Cash
Paid the wages for the month $400 by cheque. What is the double entry to record this transaction?
Debit Cheque and Credit Wages
Debit Wages and Credit Bank
Debit Wages and Credit Cheque
Debit Bank and Credit Wages
The Right-hand side of a "T" account is called _______.
debit
credit
An increase in expense accounts is a
Debit
Credit
Assets increase on the ________ side?
subsidiary
T-account
credit
debit
According to the Debit - Credit rules, any increases to the Cash at Bank account will be recorded on the _________ side of the ledger account.
left
right
middle
The transaction: Borrowed $20 000 from Sunbank will be recorded in the General Journal as:
Cash at bank (Dr) $20 000; Loan repayment (Cr) $20 000
Cash at bank (Cr) $20 000; Loan (Dr) $20 000
Cash at bank (Dr) $20 000; Loan (Cr) $20 000
Cash at bank (Dr) $20 000; Capital (Cr) $20 000
The two-fold effect of the following transaction is:
Owner withdrew $650 in cash.
Cash at bank decreases by $650; Net profit decreases by $650.
Cash at bank decreases by $650; Loan increases by $650.
Cash at bank decreases by $650; Owner's equity decreases by $650.
Inventory decreases by $650; Owner's equity decreases by $650.
A decrease to Accounts Payable is a
debit
credit
Paid Salaries and electricity bills by cash
Debit Salaries Credit Electricity Bills
Debit Electricity Bills expenses Credit Cash
Debit Salaries Credit expenses Cash
Debit Salaries Debit Electricity Bills Credit Cash
