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5 Written questions

5 Matching questions

  1. dishonored check
  2. Ethics
  3. Journal
  4. petty cash slip
  5. General Journal
  1. a a check that a bank refuses to pay
  2. b A form for recording transactions in chronological order
  3. c a journal with two amount columns in which all kinds of entries can be recorded
  4. d the principles of right and wrong that guide an individual in making decision
  5. e a form showing proof of a petty cash payment

5 Multiple choice questions

  1. financial reports that summarize the financial condition and operations of a business
  2. A business form giving written acknowledgement for cash received.
  3. An endorsement indicating a new owner of a check
  4. A ledger that contains all accounts needed to prepare financial statements.
  5. An amount recorded on the right side

5 True/False questions

  1. account numberthe name given to an account


  2. opening an accountwriting an account title and number on the heading of an account


  3. blank endorsementA signature or stamp on the back of a check transferring ownership


  4. Chart of accountA list of accounts used by a business


  5. Business ethicsAn invoice used as a source document for recording a sale on account