Accounting Self-Assessment Quiz

Name:_________________________ Period:____ Date:_________ Glencoe Accounting (First-Year Course) Chapter 8, Section 1

1.	The heading answers the three questions
		who, when, and where
		what, when, and how
		who, what, and when
		who, what, and why

2.	When a column of amounts need to be added or subtracted, a single line is drawn under the column and is called a
		single line
		rule
		ruler
		monarch

3.	When no other entries are to be made to a column
		a double rule is drawn
		you can go home
		it must be lunch time
		a rule is drawn

4.	The trial balance section includes
		all the general ledger account balances
		all the general ledger account names
		the day and date of preparation
		the general ledger account numbers

5.	The order in which account names are recorded is
		Revenue, Expenses, Assets, Liabilities, Owner`s Equity
		Assets, Owner`s Equity, Liabilities, Revenue, Expenses
		Assets, Liabilities, Owner`s Equity, Revenue, Expenses
		Owner`s Equity, Assets, Liabilities, Revenue, Expenses

6.	A working paper used to collect information from the ledger accounts in one place is called
		an account balance
		a general ledger
		a trial balance
		a work sheet