11. Lesson 2(DOT)3(COLON) The Ledgers, the Cash Book and Petty Cash

Lesson Focus — Quiz

Test your understanding of lesson focus with 5 practice questions.

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Practice Questions

Question 1

What is the primary function of a general ledger in accounting?

Question 2

In a two-column cash book, which two types of transactions are recorded?

Question 3

What does 'contra entry' refer to in accounting?

Question 4

What is the purpose of the petty cash book?

Question 5

Which of the following best describes the imprest system for petty cash?
Lesson Focus Quiz — Accounting | A-Warded