NEW
Font size
WorksheetsDouble entry 1
Total questions: 12
Worksheet time: 6mins
Choose the double entry for each of the following transactions:
The owner brought in cash into the business
Dr cash; Cr capital
Dr asset; Cr capital
Dr capital; Cr cash
Dr capital; Cr asset
Choose the double entry for each of the following transactions:
The owner brought a car into the business
Dr cash; Cr capital
Dr motor vehicle; Cr capital
Dr capital; Cr motor vehicle
Dr capital; Cr asset
Choose the double entry for each of the following transactions:
Deposited cash into the business bank account.
Dr asset; Cr asset
Dr cash; Cr bank
Dr bank; Cr cash
Dr cash; Cr asset
Choose the double entry for each of the following transactions:
Purchased goods on credit from G-Mart Trading
Dr Purchases; Cr Account receivable G-Mart Trading
Dr Purchases; Cr bank
Dr Purchases; Cr cash
Dr Purchases; Cr Account payable G-mart Trading
Choose the double entry for each of the following transactions:
Made cash sales
Dr Cash; Cr Sales
Dr Sales; Cr Cash
Dr Bank; Cr Sales
Dr Sales; CrBank
Choose the double entry for each of the following transactions:
Sold goods on credit to Nasir
Dr Cash; Cr Sales
Dr Sales; Cr Cash
Dr Account receivable-Nasir; Cr Sales
Dr Sales; Cr Account receivable-Nasir
Choose the double entry for each of the following transactions:
Paid motor expenses by cash
Dr Cash; Cr Motor expenses
Dr Motor expenses; Cr Cash
Dr Purchases; Cr Motor expense
Dr Motor expense; Cr bank
Choose the double entry for each of the following transactions:
Nasir returned defective goods to the business.
Dr Return inwards; Cr cash
Dr Account receivable-Nasir; Cr Return inwards
Dr Purchases; Cr Return inwards
Dr Return inwards; Cr Account receivable-Nasir
Choose the double entry for each of the following transactions:
Nasir settled his account by cheque.
Dr Account receivable-Nasir; Cr cash
Dr Account receivable-Nasir; Cr bank
Dr Purchases; Cr Bank
Dr Bank; Cr Account receivable-Nasir
Choose the double entry for each of the following transactions:
Paid shop assistant's salary by cheque
Dr Salary; Cr cash
Dr Salary; Cr bank
Dr Cash; Cr Salary
Dr Bank; Cr Salary
Choose the double entry for each of the following transactions:
The owner withdrew cash for his personal use.
Dr Drawings; Cr cash
Dr Capital; Cr bank
Dr Cash Cr Drawings
Dr Bank; Cr Capital
Choose the double entry for each of the following transactions:
The owner withdrew inventory for his personal use.
Dr Drawings; Cr cash
Dr Drawings; Cr Purchases
Dr Purchases Cr Drawings
Dr Bank; Cr Capital
