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Worksheetsaccounting 3
Total questions: 75
Worksheet time: 56mins
Phast Mail Service purchased equipment for $2,000. Phast paid $500 in cash and signed a note for the balance. Phast debited the Equipment account, credited Cash and
nothing further must be done.
debited the Capital account for $1,500.
credited another asset account for $500.
credited a liability account for $1,500.
Phast Mail Service purchased equipment for $2,000. Phast paid $500 in cash and signed a note for the balance. Phast debited the Equipment account, credited Cash and
nothing further must be done.
debited the Capital account for $1,500.
credited another asset account for $500.
credited a liability account for $1,500.
On January 14, Maxine Industries purchased supplies of $900 on account. The entry to record the purchase will include
a debit to Supplies and a credit to Accounts Payable.
a debit to Supplies Expense and a credit to Accounts Receivable.
a debit to Supplies and a credit to Cash
a debit to Accounts Receivable and a credit to Supplies.
The final step in the recording process is to
analyze each transaction.
enter the transaction in a journal.
prepare a trial balance
transfer journal information to ledger accounts
The usual sequence of steps in the transaction recording process is:
journal - analyze - ledger.
analyze- journal - ledger.
journal -ledger -analyze.
ledger - journal - analyze.
The procedure of transferring journal entries to the ledger accounts is called
journalizing.
analyzing.
reporting.
posting.
Under which of these would a transaction involving bills fall under?
Owner's Equity
Asset
Liability
Revenue
Expense
What is another name for a statement of financial position?
Balance Sheet
Chart of Accounts
Trial Balance
Financial balance statement
In the transaction "Jake commenced business by contributing $14,000 cash, a $4,000 scooter, an $8,000 motor vehicle and $800 worth of tools to the business.", which account would you record first?
Jake - Capital
Scooter
Cash at Bank
Motor Vehicle
Tools
Which of these is NOT commonly a fixed asset
Equipment
Land
Accounts Recievable
Building
Cash Short and Over is classified as a(n)
a. asset.
b. liability.
c. expense.
d. equity.
Berikut adalah asumsi dasar dari proses akuntansi:
Historical Cost
Accrual
Full Disclosure
Consistency
Prinsip ini berguna untuk menentukan besarnya penghasilan bersih setiap periode. Karena itu maka pembebanan biaya sangat bergantung pada saat pengakuan pendapatan.
Consistency Principle
Full Disclosure Principle
Matching Principle
Revenue Recognition Principle
Which accounts have a normal balance on the credit side? (Increase with a credit.)
liabilities and owner's capital
assets and expenses
assets and liabilities
assets and owner's capital
Received cash on account from M. Drapeau.
Cash-Credit; Accounts Payable - M.Drapeau Credit
Cash - Debit; Accounts Receivable - M. Drapeau - Credit
Cash - Debit; Accounts Payable - M. Drapeau - Debit
Cash - Credit; Accounts Receivable - M. Drapeau - Debit
Bought supplies on account from Walmart.
Supplies-credit; Accounts Receivable-Walmart - debit
Supplies-debit; Accounts Receivable-Walmart - credit
Supplies-debit; Accounts Payable-Walmart - credit
Supplies-credit; Accounts Payable-Walmart - debit
Balance of Supplies on trial balance $2,500. Supplies on hand December 31 $2,000. Adjusting entry would be
Supplies Expense - $500 debit; Supplies - $500 credit
Supplies Expense - $2,000 debit; Supplies - $2,000 credit
Supplies - $500 debit; Supplies Expense - $500 credit
Supplies - $2,000 debit; Supplies Expense - $2,000 credit
Sales has a credit balance of $2,345. What is recorded to close this account?
net income of $2,345
a credit of $2,345
a debit of $2,345
a net loss of $2,345
Sales has a credit balance of $2,345. What is recorded to close this account?
net income of $2,345
a credit of $2,345
a debit of $2,345
a net loss of $2,345
Received cash on account from D. Christenson $1,000.00 less $20.00 discount; total $980.00. In which columns would amounts be recorded?
Cash Debit $980.00; Sales Discount Debit $20.00; Sales Credit $1,000
Cash Debit $980.00; Sales Discount Debit $20.00; Accounts Receivable Credit $1,000
Cash Debit $1,000; Sales Discount Debit $20.00; Accounts Receivable Credit $980
Cash Debit $1,000; Sales Discount Debit $20.00; Sales Credit $980
Tanggal 1 Desember 2018, Pak Azra menjual 10 karung beras Rp 500.000 kepada Pak Hymawan dengan syarat 2/15, n/60. Jurnal yang BENAR adalah ...
Piutang Dagang (D) dan Perlengkapan (K) sebesar Rp 500.000
Piutang Dagang (D) dan Penjualan (K) sebesar Rp 500.000
Penjualan (K) dan Piutang Dagang (K) sebesar Rp 500.000
Penjualan (D) dan Utang Dagang (K) sebesar Rp 500.000
1/1/2019, Pak Hymawan melunasi utang atas pembelian karung beras dari Pak Azra sebesar Rp 500.000, maka pencatatan Pak Azra yang benar adalah ...
Kas (D) dan Utang Dagang (K) sebesar Rp 500.000
Utang Dagang (D) dan Kas (K) sebesar Rp 500.000
Kas (D) dan Piutang Dagang (K) sebesar Rp 500.000
Kas (D) dan Penjualan (K) sebesar Rp 500.000
1/1/2019, Pak Haidar menjual Lemari Kayu Jati kepada Bu Yeni sebesar Rp 15.000.000 dengan syarat 2/10,n/60. Namun ketika mendekati jatuh tempo piutang dagang Bu Yeni digantikan menggunakan wesel. Maka jurnal pengalihan piutang adalah ...
Piutang Wesel (D) dan Piutang Dagang (K) sebesar Rp 15.000.000
Piutang Wesel (D) dan Piutang Dagang (D) sebesar Rp 15.000.000
Piutang Wesel (K) dan Piutang Dagang (K) sebesar Rp 15.000.000
Piutang Wesel (K) dan Piutang Dagang (D) sebesar Rp 15.000.000
Diketahui, PT M2M memiliki beberapa debitur dengan saldo piutang per 30 November 2018, seperti PD Ngentak Rp 2.000.000, PD Ngijon Rp 5.000.000, dan PD Gedongan Rp 3.000.000. Selama bulan Desember 2019, terdapat transaksi PD Ngijon, Tgl 2 Desember 2019, menerima pembayaran faktur PT Ngijon ke PT M2M sebesar Rp 2.000.000. Saldo pada kartu piutang PT M2M adalah
(D) Rp 3.000.000
(D) Rp 2.000.000
(K) Rp 3.000.000
(D) Rp 5.000.000
Dibeli peralatan seharga Rp5.500.000 dibayar dengan cek No.A123. Dari transaksi tersebut jurnal yang dibuat adalah...
Peralatan (D) Rp5.500.000; Cek (K) Rp5.500.000
Peralatan (D) Rp5.500.000; Kas (K) Rp5.500.000
Kas (D) Rp5.500.000; Peralatan (K) Rp5.500.000
Cek (D) Rp5.500.000; Peralatan (K) Rp5.500.000
Peralatan (D) Rp5.500.000; Utang (K) Rp5.500.000
Jika diketahui sisi debit kolom laba-rugi sebesar Rp10.000.000, sementara sisi kredit kolom laba-rugi sebesar Rp25.000.000, maka perusahaan tersebut mengalami...
Rugi sebesar Rp25.000.000
Laba sebesar Rp25.000.000
Rugi sebesar Rp15.000.000
Laba sebesar Rp15.000.000
Rugi sebesar Rp 15.000.000
Suatu perusahaan melakukan penyesuaian terhadap komputer yang dibeli sebesar Rp35.000.000 yang ditaksir pada tahun ke-5 akan bernilai sisa sebesar Rp5.000.000, maka pada kolom penyesuaian dikertas kerja akan muncul akun...
Beban penyusutan peralatan Rp6.000.000 sisi kredit
Beban penyusutan peralatan Rp6.000.000 sisi debit
Akumulasi penyusutan peralatan Rp7.000.000 sisi kredit
Akumulasi penyusutan peralatan Rp6.000.000 sisi debit
Akumulasi penyusutan peralatan Rp7.000.000 sisi kredit
Perusahaan X pada akhir Desember 2018 melakukan penyesuaian terdapat perlengkapan yang pada awal tahun sebesar Rp15.000.000, sementara di akhir tahun yang masih tersedia sebesar Rp6.000.000, maka jurnal penyesuaian yang benar...
Beban perlengkapan (D) Rp 9.000.000; Perlengkapan (K) Rp9.000.000
Perlengkapan (D) Rp 9.000.000; Beban perlengkapan (K) Rp 9.000.000
Beban perlengkapan (D) Rp6.000.000; Perlengkapan (K) Rp6.000.000
Perlengkapan (D) Rp6.000.000; Beban perlengkapan (K) Rp6.000.000
Beban perlengkapan (D) Rp15.000.000; Perlengkapan (K) 15.000.000
Perhatikan
gambar dibawah ini :
Tokoh
yang dijuluki sebagai bapak Akuntansi adalah...
Adam Smith
JM. Keynes
Lucas Paciolli
David Ricardo
Robert Malthus
Bidang akuntansi yang berkaitan dengan pemeriksaan terhadap laporan yang dihasilkan disebut...
akuntansi manajemen
akuntansi keuangan
akuntansi auditing
akuntansi perpajakan
akuntansi biaya
Akuntan yang melaksanakan tugas pemeriksaaan terhadap kewajaran laporan keuangan perusahaan yang berasal dari pihak eksternal dan bekerja secara independen adalah....
akuntan pemerintah
akuntan internal
akuntan pendidik
akuntan publik
akuntan perusahaan
Harta yang tidak berwujud, yang diperoleh dari hasil menciptakan suatu karya atau produk yang belum pernah dibuat oleh orang lain disebut...
Royalti
Hak paten
Hak Cipta
Uang
Good Will
A trial balance is a listing of
transactions in a journal.
the chart of accounts.
general ledger accounts and balances.
the totals from the journal pages.
A work sheet always covers a period of one month
true
false
A net income for the period is the amount left after the expenses for the period have been subtracted from revenue.
True
False
A net loss for the period is entered in the debit column of the Balance Sheet section.
True
False
Amounts from the Trial Balance section are extended first to the Income Statement section.
True
False
The Trial Balance section will have entries for all accounts in the general ledger including those with zero balances.
True
False
The first two columns of the work sheet are used to enter the
trial balance
balance sheet
income statement
net income
A(n) results when revenue is larger than expenses.
net income
net loss
trial balance
inequity
A net loss is entered in the column of the Income Statement section
credit
debit
trial balance
income statement
The amount of net income for the period is added to the total of the credit column of the Balance Sheet section because it increases the balance in the ____ account.
assets
liabilities
temporary
capital
A paper used to collect information from the general ledger accounts is a(n)
work sheet
ledger
journal
balance sheet
The allows a business to match revenue against expenses as a means of measuring profit for the period.
transposing
balancing
matching principle
subtracting
Indicate whether the account will have a normal debit or credit balance on the Trial Balance section of the work sheet - Cash in Bank
Debit
Credit
Indicate whether the account will have a normal debit or credit balance on the Trial Balance section of the work sheet - Utilities Expense
Debit
Credit
Indicate whether the account will have a normal debit or credit balance on the Trial Balance section of the work sheet - Tamara Haight, Capital
Debit
Credit
Indicate whether the account will have a normal debit or credit balance on the Trial Balance section of the work sheet - Accounts Payable-Stuart
Debit
Credit
Indicate whether the account will have a normal debit or credit balance on the Trial Balance section of the work sheet - Accounts Receivable - Anderson
Debit
Credit
Indicate whether the account will have a normal debit or credit balance on the Trial Balance section of the work sheet - Office Equipment
Debit
Credit
Indicate whether the account will have a normal debit or credit balance on the Trial Balance section of the work sheet - Commissions Revenue
Debit
Credit
Indicate whether the account will have a normal debit or credit balance on the Trial Balance section of the work sheet - Haight, withdrawals
Debit
Credit
For the following Trial Balance account, indicate the section of the work sheet to which each account balance will be extended - Cash in Bank
Income Statement
Balance Sheet
For the following Trial Balance account, indicate the section of the work sheet to which each account balance will be extended - Accounts Payable - Smith
Income Statement
Balance Sheet
For the following Trial Balance account, indicate the section of the work sheet to which each account balance will be extended - Advertising Expense
Income Statement
Balance Sheet
For the following Trial Balance account, indicate the section of the work sheet to which each account balance will be extended - Sales Revenue
Income Statement
Balance Sheet
For the following Trial Balance account, indicate the section of the work sheet to which each account balance will be extended - J. Jones, Capital
Income Statement
Balance Sheet
For the following Trial Balance account, indicate the section of the work sheet to which each account balance will be extended - Haight, withdrawals
Income Statement
Balance Sheet
For the following Trial Balance account, indicate the section of the work sheet to which each account balance will be extended - Delivery Expense
Income Statement
Balance Sheet
A work sheet is prepared at the end of each fiscal period
True
False
The trial balance shows Supplies $1,350 and Supplies Expense $0. If $600 of supplies are on hand at the end of the period, the adjusting entry is:
Supplies $600
Supplies Expense $600
Supplies $750
Supplies Expense $750
Supplies Expense $750
Supplies $750
Supplies Expense $600
Supplies $600
Cash $750
Supplies $750
