T-Accounts

Sample Question: 4 Marks

We agreed to help our friend Simon record the following transactions in T-accounts. Please select the
correct name for each account and enter the amount. When entering numbers, please don’t add
commas or dollar signs. Please list the accounts in alphabetical order, from left to right.
Simon worked on a construction site and received $100 cash at the end of the day.

Cash Revenue
Solution:
100 100

Notes
This is a multichoice with the following choices: Accounts Payable, Accounts
Receivable, Cash, and Revenue. Both MC’s have the same options.

This is a numerical fill-in-the-blank where students will enter a number. The

ones on the left of the vertical line should be right-aligned and the ones on the
right of the vertical line should be left-aligned.

Grade Area Marks & Penalties

Account Names 1 mark for each right name selected in MC
Amounts 1 mark for entering the right number in the right box
Student gets 0 for the NUM area if they:
4 Marks enter the wrong amount in box
enter anything in the wrong box