Accounts Receivable Journal Entries Video

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What type of account is accounts receivable?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. When a credit sale is entered in the books, which account is credited?

2. When a customer makes a payment, which account is credited?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Find out how much you know about accounts receivable journal entries with this worksheet/quiz. Questions will touch on certain topics like the account type for accounts receivable and an account type that holds a credit sale.

Quiz & Worksheet Goals

Answer questions on study points listed as follows:

  • An account credited after a customer pays
  • Account that's debited when a credit loss is taken directly
  • Which account gets credited when losses are taken against an allowance for bad debts account

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related lesson on accounts receivable journal entries
  • Knowledge application - use your knowledge to answer questions about the characteristics and uses of various types of accounts
  • Information recall - access the knowledge you've gained regarding credit losses and credit sales

Additional Learning

The lesson called Accounts Receivable Journal Entries will teach you more about these topics:

  • Credit sale example
  • Entries made on certain accounts
  • The use of an allowance for bad debts account
Support