Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
JC Bookkeeping Dr/Cr
Bookkeeping Exercise
| Question | Answer |
|---|---|
| Light and heat is a | Dr because it is a Expense |
| Stock is a | Dr because it is a Asset |
| Telephone is a | Dr because it is a Expense |
| Purchases returns is a | Cr because it is a Thing given |
| Equipment is a | Dr because it is an Asset |
| 10-year loan is a | Cr because it is a Liability |
| Delivery expenses is a | Dr because it is an Expense |
| Rent received is a | Cr because it is a Gain |
| Land and buildings is a | Dr because it is an Asset |
| Sales returns is a | Dr because it is a Thing received |
| Purchases is a | Dr because it is a Thing received |
| Bank current a/c is a | Dr because it is an Asset |
| Furniture and fittings is a | Dr because it is an Asset |
| Bank deposit a/c is a | Dr because it is an Asset |
| Wages and salaries is a | Dr because it is an Expense |
| Bank overdraft is a | Cr because it is a Liability |
| Machinery is a | Dr because it is an Asset |
| Rent paid is a | Dr because it is an Expense |
| Motor vehicles is a | Dr because it is an Asset |
| Sales is a | Cr because it is a Thing given |
| Moloney Ltd purchased a display unit from AB Furniture Supplies Ltd and paid by cheque. | Dr Furniture Account Cr Bank Account |
| Moloney Ltd purchased a delivery van from Elton Garages and paid by cheque. | Dr Delivery van Account Cr Bank Account |
| Moloney Ltd purchased a computer system (equipment) from Office Supplies Ltd and paid by cheque. | Dr Equipment Account Cr Bank Account |
| Moloney Ltd purchased chocolate and cake mix from Mandy's Wholesale and paid in cash. | Dr Purchases Account Cr Cash Account |
| Moloney Ltd purchased cardboard cake packing cases from LT Paper Products and paid by cheque. | Dr Purchases Account Cr Bank Account |
| Moloney Ltd sold cakes for cash. | Dr Cash Account Cr Sales Account |
| Moloney Ltd sold cakes and received payment by cheque. | Dr Bank Account Cr Sales Account |
| Moloney Ltd sold an old oven for cash. | Dr Cash Account Cr Equipment Account |
| Moloney Ltd paid wages by cheque. | Dr Wages Account Cr Bank Account |
| Moloney Ltd paid an electricity bill in cash. | Dr Electricity Account Cr Cash Account |
| Moloney Ltd received a commission from Celebration Cakes Ltd and lodged the cheque to the bank. | Dr Bank Account Cr Commission Received Account |
| Moloney Ltd paid their insurance premium by cheque. | Dr Insurance Account Cr Bank Account |
| Moloney Ltd paid for repairs to their computer system by cheque. | Dr Repairs Account Cr Bank Account |
| Moloney Ltd received a loan from Easy Terms Financial Services and lodged the cheque to their bank account. | Dr Bank Account Cr Loan Account |
Created by:
ms.scahill
Popular Business sets