A Bookkeeping Journal 101 Quiz!
10 Questions
| Total Attempts: 6413
(103).jpg "A Bookkeeping Journal 101 Quiz!")
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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... - ProProfs]( "In the above sample journal entry, the telephone is...")
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
Bookkeeping is the most essential and crucial fundamental term in accounting for managing financial transactions. And if you are in this area of study or work, you must take this quick test on the same. So, welcome to Bookkeeping...
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Sample QuestionA source document is:
Welcome to Bookkeeping Skills Test - Level 2. If you can achieve 90% or better - then you have an intermediate level of bookkeeping understanding.
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Sample QuestionRecording in the general journal is for:
Before attempting this short quiz you should have watched the video "Principles of Double Entry Bookkeeping Part 2"You are allowed 30 minutes to complete the quiz.Good Luck!
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Sample QuestionPayment of insurance through the bank involves entries in two accounts
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