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Special Journal Quiz:

Test your knowledge about special journal topic. Give the answers of the following questions.

If you are unable to answer these questions, read our Special Journal topic in detail. Click here to read.

Fill in the Blanks With Proper Words:

1 Credit purchases of goods are recorded in  _______________.
 

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2 Credit sales of goods are recorded in _______________.
 

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3 Credit purchases of machinery are to be recorded in _______________.
 

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4 Cash purchases of furniture and fixture are to be recorded in _______________.
 

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5 Credit note is the basis of recording _______________ book (journal).
 

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6 Debit note is the basis of recording _______________ book (journal).
 

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7 Invoice is the basis for recording _______________ book (journal).
 

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8 Outward invoice is the basis for recording _______________ book (journal).
 

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9 rare transactions which do not fall within the scope of special journals are recorded in _______________.
 

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Fill in the Blanks with "Debit" or "Credit":

1 The total of purchases journal is posted to the ______ of purchases account.
 

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2 The total of sales journal is posted to the ______ of sales account.
 

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3 The total of purchases journal is posted to the ______ of purchases returns account
 

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4 The total of sales returns journal is posted to the ______ of sales returns account.
 

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5 The entries in the purchases journal are posted to the ______ of creditors account.
 

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6 The entries in the sales journal are posted to the ______ of debtors account.
 

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7 The entries in the purchases returns journal are posted to the ______ of creditors account.
 

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8 The entries in the sales returns journal are posted to the ______ of debtors account.
 

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In which book the following transactions are recorded:

1 Purchase of plant for business for cash.
 

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2 Purchase of patents of credit.
 

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3 Purchase of goods on credit.
 

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4 Purchase of goods on cash.
 

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5 Sales of finished goods on credit.
 

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6 Sale of office building on cash.
 

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7 Sale of old furniture on credit.
 

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8 Sale of finished goods on cash.
 

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9 Return of goods to the supplier
 

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10 Goods returned by our customer
 

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Relevant Articles:

What is Subdivision of journal
Purchases Journal
Sales Journal
Purchases Returns Journal
Sales Returns Journal
Special Journal Quiz

 

 

A D V E R T I S E M E N T

 

Financial Accounting Topics


  Introduction to Accounting
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  Transactions and Accounting Equation
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  Analysis of Business Transactions
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  Journal, Ledger and Trial Balance
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  Accounting for Bills of Exchange
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  Special Journals
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  Cash Book
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Bank Reconciliation Statement
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  Final Accounts
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  Work Sheet
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  Capital and Revenue Items
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  Valuation of Inventories
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  Accounts of Non-profit Making Organizations
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  Statement of Cash Flows
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  Accounting Ratios Analysis
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  Depreciation, Provisions and Reserves
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  Accounting Dictionary
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  Financial Calculators
 
 
 
Managerial Accounting Topics

  Financial Statements
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  Cost Volume Profit Relationship
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  Variable Costing System
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  Materials and Inventory Cost Control
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  Activity Based Costing System
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  Standard Costing and Variance Analysis
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  Balanced Scorecard
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  Capital Investment Analysis/Capital Budgeting
 

 

 

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