When recording financial transactions using the "T" account method, the 'Debit' value is recorded on the right and the 'Credit' value is recorded on the left.

Which of the following documents would you NOT rely on to originate accounting entries?

Which of the following is the summary of accounts

Which of the following is NOT a contra account?

Which of the following accounts is NOT a current liability?

If Assets totaled $40,000 and Owners Equity is 40% of the total Assets, what is the value of the Liabilities?

Unexpired costs are represented in the accounts of an accounting entity as...

A check that was received from a debtor was dishonored. How does this transaction affect the debtors control account in the general ledger?

Which of the following is NOT generally used as an alternative name for a 'Balance sheet'?

Which account would NOT form part of the Trading Account?

Which source document would be used when inventories are returned to a supplier?