Acounting 12
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| show | a subsidiary ledger containing only accounts for vendors from whom items are purchased or bought on account
🗑
|
||||
| accounts receivable ledger | show 🗑
|
||||
| controlling account | show 🗑
|
||||
| schedule of accounts payable | show 🗑
|
||||
| schedule of accounts receivable | show 🗑
|
||||
| show | a ledger that is summarized in a single general ledger account
🗑
|
||||
| T/F- when using an accounts receivable ledger, the total amount due from all customers is summarized in a single general ledger account | show 🗑
|
||||
| show | false
🗑
|
||||
| T/F- frequency of posting to the general ledger is determined by how many accounts are in the chart of accounts | show 🗑
|
||||
| T/F- posting does not have to be done at the end of the month | show 🗑
|
||||
| T/F- amounts recorded in general amount columns are posted individually to the general ledger account named in the Account Title column | show 🗑
|
||||
| show | true
🗑
|
||||
| T/F- accounts are arranged in alphabetical order within the subsidiary ledgers | show 🗑
|
||||
| show | true
🗑
|
||||
| T/F- the account form for a vendor has a credit balance column because accounts payable are liabilities and liabilities have normal credit balances | show 🗑
|
||||
| show | true
🗑
|
||||
| T/F- a change in the balance of a customer account also changes the balance of the controlling account Accounts Receivable | show 🗑
|
||||
| show | true
🗑
|
||||
| show | true
🗑
|
||||
| show | false
🗑
|
||||
| T/F- a schedule of accounts payable is prepared before all entries in a journal are posted | show 🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
wildcattz98