WorksheetsTopic 2 (self-check)
Total questions: 12
Worksheet time: 12mins
A document from the buyer instructing the bank to pay the person named on the document.
Purchase requisition
Cheque
Invoice
A document prepared by the supplier to the buyer to inform about reduction in the amount charged
Debit note
Credit note
Invoice
Receipt
Classify the item below:
Factory
(a)
Classify the item below:
Maintenance Cost
(a)
Classify the item below:
Mortgage
(a)
Classify the item below:
Services
(a)
Inventory, Account Receivable and Supplies are in the category of ....
Non-current Asset
Current Asset
Expense
Current Liability
"Paid cost of electrical repairs by cheque"
Give two accounts related to this transaction:
Cash
Bank
Repairs Cost
Electrical Cost
"Paid amount owing to supplier through online transfer"
Refer to this transaction, please indicate 2 answer:
Bank
Cash
Account Receivable
Account Payable
What is the effects to Dobby Services?
Refer to the transaction:
Business collect cash coins from the machine of dobby services RM7,000 for the month.
(a)
What is double entry for :
Received cash from commission on sales?
Dr Cash
Cr Sales
Dr Sales
Cr Bank
Dr Commission
Cr Bank
Dr Cash
Cr Commission
What do you feel after learning topic 2 in financial accounting?
