Quiz 56: Source Documents in Accounting Quiz

Test your knowledge of mdct.ru with our source documents in accounting quiz.

Source documents in accounting are used to provide verifiable and objective documentary evidence of bookkeeping transactions. There are numerous types of transaction each of which has a particular source document associated with it.

If you need a refresher course on this topic take a look at our accounting source documents tutorial or our basics of bookkeeping tutorials for further information.

Start the Source Documents in Accounting Quiz

Identify the most appropriate source document to use for each of the transactions listed below. Click on an answer to reveal whether its Right! or Wrong

1. A business makes a cash sale, what accounting source document is issued?
Wrong
Right!
2. A credit sale is made to a customer, which accounting document is issued to the customer?
Right!
Wrong
3. A customer returns goods to a business, which source document is issued?
Right!
Wrong

4. A business makes a cash purchase, which accounting source document is received by the business?
Right!
Wrong
5. A business buys goods on credit terms from a supplier, what is the accounting source document received from the supplier?
Wrong
Right!
6. A business returns faulty goods to a supplier, which accounting document is received from the supplier?
Right!
Wrong
7. At the end of an accounting period a business reconciles transactions with a supplier using which accounting source document?
Wrong
Right!
8. A business purchases goods from a supplier, which accounting document does the warehouse prepare when they arrive?
Right!
Wrong
9. Goods are to be ordered from a supplier, what accounting
document is prepared?
Right!
Wrong
10. Which accounting source document is issued when a business pays an employee?
Right!
Wrong

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Quiz 56: Source Documents in Accounting Quiz December 14th, 2016Team

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