Special Journal MCQs

Written by True Tamplin, BSc, CEPF®

Reviewed by Subject Matter Experts

Updated on March 26, 2023

This set of multiple choice questions (MCQs) focuses on the special journal. You can use this quiz to help prepare for your exams, interviews, and other assessments.

If you have any difficulties answering these questions, read our special journal article to learn everything you need to know.

1. A purchase book is maintained to record:
2. All the acceptances received from debtors are recorded in:
3. The document sent to a customer when they return merchandise is known as:
4. The periodical total of the sales book is posted to:
5. Transactions for which there is no separate book are recorded in the:
6. A debit note is the basis for recording in:
7. A credit purchase of machinery would be recorded in:
8. The persons from whom goods are purchased on credit are known as:

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About the Author

True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website or view his author profiles on Amazon, Nasdaq and Forbes.