Question 1
A Technical School workshop buys raw materials on credit from supplier Costa for €1,250. The correct double entry is:
Correct Answer:
Debit Purchases €1,250; Credit Costa €1,250
Question 2
Goods are sold on credit to customer Andreas for €980. The correct double entry is:
Correct Answer:
Debit Andreas €980; Credit Sales €980
Question 3
The owner of a sole-trader garage withdraws €600 from the business bank account for personal use. The correct double entry is:
Correct Answer:
Debit Drawings €600; Credit Bank €600
Question 4
A business pays a credit supplier €450 by bank transfer. The correct double entry is:
Correct Answer:
Debit Supplier €450; Credit Bank €450
Question 5
Customer Maria settles her €720 account by bank transfer. The correct double entry is:
Correct Answer:
Debit Bank €720; Credit Maria €720
Question 1
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About this Exam

Prepare with the Pancyprian TS Accounting Practice Questions - Cyprus Pancyprian Access Examination Technical School Accounting (Practical Direction) (ΛΟΓΙΣΤΙΚΗ Τ.Σ. (Π.Κ.), code 518) Exam practice quiz. This question bank includes 100 questions covering sales, entry, credit, double, and bank. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Pancyprian TS Accounting Practice Questions - Cyprus Pancyprian Access Examination Technical School Accounting (Practical Direction) (ΛΟΓΙΣΤΙΚΗ Τ.Σ. (Π.Κ.), code 518) Exam

This practice set contains 100 questions from the matching question bank and focuses on sales, entry, credit, double, and bank. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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