How accounting is recorded?

Descripción

Quiz of how accounting information is recorded
riona.pike6669
Test por riona.pike6669, actualizado hace más de 1 año
riona.pike6669
Creado por riona.pike6669 hace más de 8 años
25
1

Resumen del Recurso

Pregunta 1

Pregunta
what is a receipt?
Respuesta
  • Statement of sum due amount.
  • A record of sales transaction
  • Document that the payment has been finalized

Pregunta 2

Pregunta
Does the ledger book contain 3 different categories?
Respuesta
  • True
  • False

Pregunta 3

Pregunta
What process isn't used to record financial transactions?
Respuesta
  • Book of prime entry
  • Cash payment
  • journal

Pregunta 4

Pregunta
Can an invoice also be known as a bill?
Respuesta
  • True
  • False

Pregunta 5

Pregunta
The petty cash book is used to record any amount of cash.
Respuesta
  • True
  • False

Pregunta 6

Pregunta
which one isn't part of the ledgers book?
Respuesta
  • The cashbook
  • Creditors
  • general/normal

Pregunta 7

Pregunta
what is the definition of book of prime entry
Respuesta
  • Money owed by customers
  • Invoices from suppliers
  • A record of business transactions

Pregunta 8

Pregunta
Is accounting information recorded by ledgers book?
Respuesta
  • True
  • False
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