General Journal (Grade 10 NSC Matric Accounting): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What type of transactions are recorded in the general journal?
What type of transactions are recorded in the general journal?
Unusual or non-standard transactions
Which transaction would be recorded in the general journal?
Which transaction would be recorded in the general journal?
Recording bad debts
What does the Fol column show in the general journal?
What does the Fol column show in the general journal?
Page reference in General Ledger
When writing off a bad debt, which account is debited?
When writing off a bad debt, which account is debited?
Bad debts
When a cheque bounces, what happens to the discount previously given?
When a cheque bounces, what happens to the discount previously given?
It is cancelled
When charging interest on an overdue debtor, which account is credited?
When charging interest on an overdue debtor, which account is credited?
Interest on overdue debtors
At what price are drawings and donations of trading stock recorded?
At what price are drawings and donations of trading stock recorded?
Cost price
When donating stock, which account is credited?
When donating stock, which account is credited?
Trading stock
How should errors be corrected in accounting records?
How should errors be corrected in accounting records?
Make a correcting entry in general journal
When interest on a fixed deposit is added to the deposit, which account is debited?
When interest on a fixed deposit is added to the deposit, which account is debited?
Fixed deposit account