2. Accounting Chapter 4 Review By Carl Lyman © September 2001

3. Jeopardy Category1Category2Category3Category4 100 200 300 400 500

4. Credits That’s all folks. Exit

5. Category 1 $100 The first digit in the account number 120 means that the account is in what division of the general ledger?

6. Category 1 $100 Asset

7. Category 1 $200 When accounts are arranged in a general ledger, account numbers are assigned, and the chart of accounts is kept up to date, the accounting personnel are….

8. Category 1 $200 Doing file maintenance

9. Category 1 $300 A new account to be added between accounts 530 and 540 will be assigned the number….

10. Category 1 $300 535

11. Category 1 $400 A business has the following expense accoutns: 510 Advertising Expense 520 Misc. Expense 530 Repair Expense A new account titled Utilties Expense is added. The account number is….

12. Category 1 $400 540

13. Category 1 $500 The procedure for transferring information from a journal entry to a ledger account is…

14. Category 1 $500 posting

15. Category 2 $100 The first step I the posting procedure is writing …

16. Category 2 $100 The entry date in the date column of the account

17. Category 2 $200 An account number in the journal’s Post Ref. column shows ….

18. Category 2 $200 The account to which an amount is posted

19. Category 2 $300 If posting is interrupted, then a person knows to resume posting at…

20. Category 2 $300 The line with a blank Post Ref. column on the General Journal

21. Category 2 $400 Separate amounts in the General Debit and General Credit amount columns of a journal are posted…

22. Category 2 $400 individually

23. Category 2 $500 Checkmarks are placed in parentheses below the General Debit and Credit column totals to show that …

24. Category 2 $500 The totals are not posted

25. Category 3 $100 If all separate amounts on a journal line are recorded in special amount columns, you will post the…

26. Category 3 $100 Column totals not the individual amounts

27. Category 3 $200 Separate amounts in the Sales Credit column of a journal are

28. Category 3 $200 Totaled and posted as a total

29. Category 3 $300 The separate amounts in the Cash Debit column of a journal are posted…

30. Category 3 $300 Totaled and posted as a total

31. Category 3 $400 Answer

32. Category 3 $400 Question?

33. Category 3 $500 Answer

34. Category 3 $500 Question?

35. Category 4 $100 Answer

36. Category 4 $100 Question?

37. Category 4 $200 Answer

38. Category 4 $200 Question?

39. Category 4 $300 Answer

40. Category 4 $300 Question?

41. Category 4 $400 Answer

42. Category 4 $400 Question?

43. Category 4 $500 Answer

44. Category 4 $500 Question?