A Bookkeeping Journal 101 Quiz!
10 Questions
| Attempts: 7481
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Questions and Answers
- 1.What are bookkeeping journals?
- A.
Personal diaries
- B.
Bank documents
- C.
Books of original entry
- 2.Daybooks are known as...
- A.
Bank statements
- B.
Bookkeeping journals
- C.
Source documents
- 3.Bookkeeping journals are used to...
- A.
Reconcile the bank statements
- B.
Show which ledger accounts are debited and credited
- C.
Record your life story
- 4.There is only one type of journal.
- A.
True
- B.
False
- 5.Transferring information from the journals to the ledgers is called:
- A.
Faxing
- B.
Emailing
- C.
Posting
- 6.What is the main journal of a business called?
- A.
The general journal
- B.
A spreadsheet
- C.
The sample book
- 7.Where does the information from the bookkeeping journals come from?
- A.
The accounting source documents
- B.
The ledgers
- C.
Your diary
- 8.Tick the ones that are special journals.
- A.
Sales journal
- B.
Bank statement
- C.
Cash payments journal
- D.
Sales returns and allowances
- E.
General journal
- F.
Purchases journal
- G.
Your diary
- H.
Cash receipts journal
- I.
Purchases returns and allowances
- J.
General ledger
- 9.
In the above sample journal entry, the telephone is...- A.
A debit
- B.
A credit
- C.
A mobile phone
- 10.Which side do debits go on?
- A.
The right hand side
- B.
The center
- C.
The left hand side
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