Quiz 53: Identify the Debit Entry

Test your knowledge of mdct.ru with our identify the debit entry quiz.

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For each question click on an answer to reveal whether its Right! or Wrong.

1. Identify the debit entry when a business buys equipment on credit?
Wrong
Right!
Wrong
2. Identify the debit entry when a business buys inventory on credit terms from a supplier?
Right!
Wrong
Wrong
3. Identify the debit accounting entry when goods are sold on credit?
Wrong
Right!
Wrong
4. Identify the debit entry when a credit supplier is paid?
Wrong
Wrong
Right!
5. Identify the debit entry when wages are paid in cash?
Wrong
Wrong
Right!
6. Identify the debit entry when rent is paid by the business?
Right!
Wrong
Wrong
7. Identify the debit bookkeeping entry when a credit note is received from a supplier?
Wrong
Right!
Wrong
8. Identify the debit accounting entry when a customer is given a credit note for damaged goods?
Right!
Wrong
Wrong
9. Identify the debit entry when cash is collected from a credit account customer?
Right!
Wrong
Wrong
10. Identify the debit bookkeeping entry when inventory is sold for cash?
Wrong
Wrong
Right!

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Quiz 53: Identify the Debit Entry December 14th, 2016Team

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