Quiz 21: Basics of Bookkeeping Quiz

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1. What is a purchase order used for?
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2. What is a contra revenue account?
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3. Does a contra revenue account normally have a debit or a credit balance?
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4. What are accounting source documents?
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5. Which of the following is an accounting source document?
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6. Which of these comes first in the accounting cycle?
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7. Which of the following is not part of the mdct.ru system? (Assume control accounts do not form part of the double entry)
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8. What is the petty cash reconciliation form used for?
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9. Which of the following errors affect the trial balance?
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10. Using the cash basis of accounting a sale is recorded when?
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Quiz 21: Basics of Bookkeeping Quiz December 14th, 2016Team

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