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CONTENTS
Accountancy
Commerce
Economics
Statistics
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Question-1
Spot out the odd one and state reason
(A)
Cash and discount column
(B)
Bank and discount column
(C)
Cash and bank column
(D)
Cash, bank and discount column
Question-2
Under _________ system, a fixed amount is advanced to the petty cashier at the beginning of the period by the main cashier.
(A)
Petty cash
(B)
Ordinary
(C)
Imprest system
(D)
None of these
Question-3
____________ book is meant for recording all return of good purchased on credit.
(A)
Purchase returns book
(B)
Sales returns book
(C)
Bills receivable book
(D)
Bills payable book
Question-4
Cash deposited into bank is recorded in the bank column of the cash book on the _______side.
(A)
Debit
(B)
Credit
(C)
None of these
(D)
Both of these.
Question-5
______ book is prepared to record all cash receipt and cash payments.
(A)
Cash book
(B)
Purchase book
(C)
Sales book
(D)
Purchase day book
Question-6
When a firm maintain a cash book, it need not maintain
(A)
Journal proper
(B)
Purchases journal
(C)
Sales Journal
(D)
Bank and cash account in the ledger.
Question-7
Discount allowed is a ______ to the firm.
(A)
Gain
(B)
Profit
(C)
Loss
(D)
None of these
Question-8
A cash book which contain two column of amount is called double column cash book or
(A)
Single column cash book
(B)
Two column cash book
(C)
None of these
(D)
Both of these
Question-9
Cash book is a subsidiary book as well as _________ Book.
(A)
Secondary
(B)
Principal
(C)
None of these
(D)
Both of these
Question-10
Spot out the odd one and state reason.
(A)
Purchase a/c
(B)
Capital a/c
(C)
Sales a/c
(D)
Journal proper
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Plus 1 Commerce
Tamil Nadu (English Medium)
Practice in Related Chapters
Introduction to Accounting
Conceptual Frame work of Accounting
Basic Accounting Procedures I - Double Entry System of Book-Keeping
Basic Accounting Procedures II- Journal
Basic Accounting Procedures III- Ledger
Subsidiary Books I- Cash Book
Bank Reconciliation Statement
Trail Balance and Rectification of Errors
Capital and Revenue Transactions
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