Accounting Mcqs
Which of the following specialized journals records “goods returned by customers”?

A. Purchase journal
B. Sales journal
C. Purchases return journal
D. Sales return journal

Sales on credit is recorded in which of the following journal?

A. Purchase journal
B. Sales journal
C. Purchases return journal
D. Sales return journal

Transactions that a BUSINESS doesn’t record in any specialised journal are recorded in which of the following journals or day books?

A. Cash payments journal
B. Cash receipts journal
C. Purchases return journal
D. General journal

Another name of journal is_____________?

A. Specialized journal
B. Day book
C. Cash book
D. Record book

Which of the following specialised journals will record “goods returned by the BUSINESS “?

A. Purchase journal
B. Sales journal
C. Purchases return journal
D. Sales return journal

Sales and purchase journal don’t record__________?

A. Credit sales
B. Credit purchases
C. Credit sales and purchases
D. Cash sales and purchases

Cash received from debtor is recorded in which of the following SPECIALIZED journals?

A. Purchase journal
B. Sales journal
C. Cash receipts
D. Cash payments journal

Which of the following is a type of cash receipt journal + cash payment journal?

A. Bank statement
B. Statement of cash flow
C. Cash book
D. Cash documents

Cash purchases is recorded in which of the following specialized journals?

A. Purchase journal
B. Sales journal
C. Purchases return journal
D. Cash payments journal