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General English Questions and Answers


1. An ________ check is one that you have written and deducted from your checkbook balance but has not yet cleared the bank.


2. Once the transactions have been entered into the journal they are ________ or transferred into their individual General Ledger accounts.


3. ________ pay is what an employee earns before deductions.


4. The ________ is the difference between what a business pays for an item wholesale and what the business sells it for retail.


5. The rates for overtime in the USA are generally known as ________ .



6. The crowd remained good-natured for the first part of his speech and Henry was feeling pleased with himself. And then, ________ half a dozen tractors roared onto the field.


7. Capital accounts represent the owner's ________ worth in the business.


8. In the USA working over 40 hours per week is considered overtime. For each hour of overtime in the USA you receive your hourly ________ multiplied time 1 1/2.


9. All ________ increase with a debit entry and decrease with a credit entry.


10. The manager decided to ________ the terms of our agreement.


English Test

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