Bookkeeping Ledgers Quiz
10 Questions
| Attempts: 5224
Take the quiz to see if you can remember the basics of bookkeeping ledgers.
Questions and Answers
- 1.Tick the three main ledgers used in double-entry bookkeeping
- A.
The chart of accounts
- B.
General ledger
- C.
Accounts receivable ledger
- D.
Bookkeeping software
- E.
Journals
- F.
Accounts payable ledger
- 2.What does each page of the general ledger represent?
- A.
A debit account
- B.
A journal entry
- C.
An account from the chart of accounts
- 3.Where is the information in the general ledger posted from?
- A.
Accounting source documents
- B.
General journal
- C.
Bank account
- D.
Option 4
- 4.One ledger page shows both the debit and credit sides of a single business transaction.
- A.
True
- B.
False
- 5.Accounts receivable ledgers and accounts payable ledgers are...
- A.
Subsidiary ledgers
- B.
Sub-standard ledgers
- C.
Substantial ledgers
- D.
Option 4
- 6.What standard format is a ledger in?
- A.
O
- B.
H
- C.
T
- 7.Which side of any ledger do debits go on?
- A.
Left
- B.
Right
- C.
Middle
- 8.One of the things a ledger is good for is...
- A.
Keeping a running tally of each account
- B.
Producing reports
- C.
Both of the above
- 9.What is another name for the general ledger?
- A.
Book of numbers
- B.
Book of accounts
- C.
Book of final entry
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