Debtors Ledger (Grade 10 NSC Matric Accounting): Quizzes
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Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is the debtors ledger?
What is the debtors ledger?
A subsidiary ledger for money owed to us
What is another name for the debtors ledger?
What is another name for the debtors ledger?
Accounts receivable ledger
What does the folio number 'DL5' represent?
What does the folio number 'DL5' represent?
The unique reference for a debtor account
In the details column, what does 'INV' stand for?
In the details column, what does 'INV' stand for?
Invoice
When are amounts recorded in the debit column?
When are amounts recorded in the debit column?
When the debtor's debt increases
What causes a credit entry in a debtor's account?
What causes a credit entry in a debtor's account?
Payments and discounts reduce the debt
Which journal is the source for credit sales to debtors?
Which journal is the source for credit sales to debtors?
Debtors Journal
What does the balance column show?
What does the balance column show?
The running total after each transaction
How is a dishonoured cheque recorded?
How is a dishonoured cheque recorded?
Debit the debtor's account to reinstate
Transport costs paid for a debtor are recorded how?
Transport costs paid for a debtor are recorded how?
Debit the debtor's account