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Acct. 1-Quiz Chapter 16
Quiz by Teresa
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20 questions
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- Q1Journals that have amount columns for recording debits and credits to specific general ledger accounts are called:Special Journals30s
- Q2A special journal used to record only the sale of merchandise on account.Sales Journal30s
- Q3A column total written in small penciled figures is called:Footing30s
- Q4A special journal used to record all transactions in which cash is received.Cash Receipts Journal30s
- Q5A list of each charge customer, the balance in the customer's account, and the total amount due from all its customers is called:Schedule of Accounts Receivable30s
- Q6Special journals simplify the ___________process, especially when there is a large volume of transactionsjournalizing and posting30s
- Q7The four things must be done at the month-end to complete the sales journal are foot, prove, total and _______.rule30s
- Q8Individual amounts are posted from the General Credit column ___________.Daily30s
- Q9The ________ column total in the cash receipts journal is not posted.General Credit30s
- Q10The Accounts Receivable Subsidiary ledger is proved by comparing the Schedule of Accounts Receivable total to the __________.controlling account30s
- Q11A check mark next to a transaction entered in the sales journal indicates that the transaction has been posted to the ____________________subsidiary ledger.accounts receivable30s
- Q12A journal amount column that is not headed with an account name is called a___________.general amount column.30s
- Q13The ________ are more likely to use special journals.larger company30s
- Q14The sales journal is used to record all sales of merchandise _________.on account30s
- Q15The cash receipts journal is used to record all__________.cash receipts30s