BUSINESS paid rent amounting to $100″ which of the following specialized journals records this transaction?
Correct!
Wrong!
Credit note is the basis for recording a transaction in which of the following SPECIALIZED journals?
Correct!
Wrong!
Specialized journals are more adequate for which TYPE OF BUSINESSES?
Correct!
Wrong!
Which of the following is known as an evidence that a transaction took place?
Correct!
Wrong!
Credit memo or credit note No. is entered in which of the following journal?
Correct!
Wrong!
Credit purchase of plant and machinery is recorded in which of the following journals?
Correct!
Wrong!
Cash purchases is recorded in which of the following specialized journals?
Correct!
Wrong!
A brief explanation recorded below every entry in general journal is commonly known as__________?
Correct!
Wrong!
SALE of old furniture” will be recorded in which of the following specialized journals?
Correct!
Wrong!
Debit note is the basis for recording a transaction in which of the following journals?
Correct!
Wrong!
Accounting Quiz 06
Well Done !
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You Could Do Better !!!
Give it another try 😉
Oh Shoot ! Try Again Maybe ?
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