Accounting Multiple Choice Question – 19 August 2019

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Accounting

The total of the Sales Journal is posted to…?

Select ONE answer:

  1. the credit side of the sales account in the nominal (general) ledger.
  2. the debit side of the sales account in the nominal (general) ledger.
  3. the debit side of the sales daybook.
  4. None of the above.

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 1

  1. Correct – The total of the Sales Journal is the total of the credit sales for a particular period.
  2. Incorrect – Sales are always recorded as a credit in the sales account.
  3. Incorrect – The sales daybook is the same as the sales journal.
  4. Incorrect

 

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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