WorksheetsACCOUNTS- JOURNAL
Total questions: 15
Worksheet time: 8mins
Housing rent paid to the landlord is debited to ------- account?
Rent A/C
Drawings A/C
Cash A/C
Landlord A/C
Paid transport charges for machinery is debited to ------ account?
Transport charges A/C
Cash A/C
Machinery A/C
None of the above
M/S Stationery mart will debit the purchase of stationery to:
General expenses A/C
Drawings A/C
Purchases A/C
None of the above
Purchased goods from Sanjay of Rs.10000 at 10% Trade Discount and 10% Cash Discount and paid half of the amount in cash. Amount of discount allowed is?
RS.1000
RS.900
RS.450
RS.270
Commission unearned but received is credited to ------ account?
Cash A/C
Commission unearned A/C
Commission received in advance A/C
Commission A/C
Paid carriage Rs.1000 on behalf of Akshay is debited to ----- account?
Carriage A/C
Akshay A/C
Cash A/C
None of the above
Salary due but not paid to Rajesh is credited to ----- account?
Outstanding Salaries A/C
salaries A/C
Cash A/C
Rajesh A/C
Investment in fixed deposit of Bank Of India is debited to ----- account?
Investment A/C
Bank A/C
Cash A/C
Either A or C
Journal is a book of ----- entry?
Prime entry
Secondary entry
Contra entry
None of the above
Received Rs.900 net from Bina after 10% Cash Discount, hence discount allowed is?
RS. 100
RS.90
RS.81
RS.95
Purchased two horses @Rs.2000 each will be debited to ----- account?
Horses A/C
Livestock A/C
Cash A/C
Bank A/C
Brokerage paid on purchase of shares is credited to -----account?
Brokerage AVC
Shares AVC
Cash A/C
Either cash or bank A/C
A brief explanation below the journal entry is
Narration
Folio
Transaction
Debit
Goods returned by a customer will be debited to which account?
Purchases A/C
Return inward
Customers A/C
Return outward
Sold goods of Rs.200000 at 10% Trade Discount and 5% Cash Discount to Mukesh. The amount of Cash Discount will be?
RS.800
RS.90
NIL
RS.1800
