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11th -

12thgrade

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Journal Entry Account

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25 questions

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  • 1. Multiple Choice
    30 seconds
    5 pts

    When goods are sold for cash which account is debited

    Cash

    Bank

    Sales

    Purchase

  • 2. Multiple Choice
    30 seconds
    5 pts

    Sold goods on credit 5000 to Mrs Mamta. Which account is debited

    Mamta

    Sales

    Cash

    Purchase

  • 3. Multiple Choice
    30 seconds
    5 pts

    Purchase a machinery worth 50000 and paid by check, which account is credited

    Cash

    Bank

    Machinery

    Purchase

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