Accounting

Quiz #70

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Accounting Quiz - 15 Questions

1

Purchase journal is kept to record_____________?
2

For the past 3 years, DK Ltd. has failed to accrue unpaid wages earned by workers during the last week of the year. The amounts omitted, which were considered material, were as follows: March 31,2010 – ` 56,000 March 31, 2011 – ` 51,000 March 31, 2012 – ` 64,000 The entry on March 31, 2012 to rectify these omissions would include a
3

If goods worth 1,750 returned to a supplier is wrongly entered in sales return book as 1,570, then

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