Smartindia Classroom
CONTENTS
Accountancy
Commerce
Economics
Statistics
Back to home
Start Practice
Question-1
In cash Book, all receipts of cash are recorded on _________ side.
(A)
Credit
(B)
Debit
(C)
Unaffected
(D)
Both side
Question-2
_______ cashier is appointed by main cashier to make petty cash transactions.
(A)
Cashier
(B)
Petty cashier
(C)
None of these
(D)
All 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
Single column cash book is also called as
(A)
Simple cash book
(B)
Cash account
(C)
None of these
(D)
All of these
Question-5
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-6
Journal means for specific transactions of similar nature is known as
(A)
Subsidiary books
(B)
Ledger
(C)
Special Journal
(D)
None of these
Question-7
Cash discount is allowed to customers for making
(A)
Correct payment
(B)
Prompt payment
(C)
Both a or b
(D)
None of these
Question-8
Double column cash book records.
(A)
All transaction
(B)
Cash and bank transaction
(C)
Only cash transaction
(D)
Only credit transaction.
Question-9
___________ book is used for recording credit purchases of goods.
(A)
Cash book
(B)
Sales book
(C)
Purchases returns book
(D)
Purchase book
Question-10
Discount column is double column cash book are merely _______ and never balanced.
(A)
Added
(B)
Totaled
(C)
Both a or b
(D)
None of these
Your Score 0/10
Click
here
to see your answersheet and detailed track records.
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
Powered By
