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Froggy Jumps
Froggy Jumps

Debtors and Creditors Quiz 1

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Debtors and Creditors Quiz 1

Froggy Jumps

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About this activity

Test your knowledge on debtors and creditors with this fun quiz!

Created by

Bev
Bev
South Africa

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Debtors and Creditors Quiz 1
 

Froggy Jumps

Debtors and Creditors Quiz 1Online version

Test your knowledge on debtors and creditors with this fun quiz!

by Bev
1

What is a debtor?

2

What is a creditor?

3

The Debtors balance increases on the .......

4

Creditors balances decreases on the.....

5

A credit sale invoice by a business (Knotts Traders) creates a(n) ......

6

In a double entry system, the receipt from a debtor is recorded as a ____________ to the bank and a ______________ to the debtors

7

The purchase of stationery on account will result in a(n) ___________ in liabilities

8

Journals summarise the

 
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