placeholder image to represent content

Accounting I Chp 4

Quiz by Julie Hayes

Feel free to use or edit a copy

includes Teacher and Student dashboards

Measure skills
from any curriculum

Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.

With a free account, teachers can
  • edit the questions
  • save a copy for later
  • start a class game
  • automatically assign follow-up activities based on students’ scores
  • assign as homework
  • share a link with colleagues
  • print as a bubble sheet

Our brand new solo games combine with your quiz, on the same screen

Correct quiz answers unlock more play!

New Quizalize solo game modes
26 questions
Show answers
  • Q1

    The two steps for opening an account are writing the account title and recording the balance.

    false
    true
    True or False
    30s
  • Q2

    The steps for posting are to write the date, the journal page number, the amount, and the balance. 

    false
    true
    True or False
    30s
  • Q3

    The account number is placed in the Post. Ref. column of the journal as the last step in the posting procedure.

    true
    false
    True or False
    30s
  • Q4

    The posting reference should always be recorded in the journal's Post Ref. column before amounts are recorded in the ledger. 

    false
    true
    True or False
    30s
  • Q5

    A group of accounts is called a ledger.

    true
    false
    True or False
    30s
  • Q6

    The procedure of arranging accounts in a general ledger, assigning account numbers, and keeping records current is known as file maintenance.

    true
    false
    True or False
    30s
  • Q7

    Account numbers may be assigned by 10s so that new accounts can be added easily. 

    true
    false
    True or False
    30s
  • Q8

    Errors discovered after an entry is posted may be corrected by ruling through the item.

    false
    true
    True or False
    30s
  • Q9

    The Cash account is the first asset account and is numbered 110.

    true
    false
    True or False
    30s
  • Q10

    When posting is complete, the Post. Ref. column of the journal is completely filled in with account numbers.

    true
    false
    True or False
    30s
  • Q11

    The only use for the Post. Ref. column of a journal and general ledger is to indicate which entries in the journal still need to be posted if posting is interrupted. 

    false
    true
    True or False
    30s
  • Q12

    If the payment of cash for rent was journalized and posted in error as a debit to Miscellaneous Expense instead of Rent Expense, the correcting entry will include a credit to Cash.

    false
    true
    True or False
    30s
  • Q13

    If the previous account balance and the current entry posted to an account are both debits, the new account balance is a debit. 

    true
    false
    True or False
    30s
  • Q14

    All corrections for posting errors should be made in a way that leaves no question as to the correct amount. 

    true
    false
    True or False
    30s
  • Q15

    When adding a new expense account between accounts numbered 510 nd 520, the new account is assigned the account number 515. 

    true
    false
    True or False
    30s

Teachers give this quiz to your class