1. Bill payable book is a?

Correct! Wrong!

2. The return of goods by a customer should be debited to?

Correct! Wrong!

3. An alternative name for a sales journal is?

Correct! Wrong!

4. Which of the following is not a book of prime or original entry?

Correct! Wrong!

5. There are two books of account they are?

Correct! Wrong!

6. X sends back Rs. 80 of faulty goods to Y. In which book of prime entry would Y record this transaction?

Correct! Wrong!

7. A bookkeeper discovers that an amount paid to a supplier has been wrongly entered in another supplier’s account. Which book of original entry will the bookkeeper use when correcting this error?

Correct! Wrong!

8. Which of the followings are books of prime entry?

Correct! Wrong!

9. Transactions are initially recorded in the?

Correct! Wrong!

10. Corrected the balance in the prepaid insurance at the end of the month in?

Correct! Wrong!

Books of Account (1-10)
Super Genius ***
Excellent ***
Very Good **
Good *
Fair
Fail

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