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Accountancy
Commerce
Economics
Statistics
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Question-1
Cash nature does not record transaction of :
(A)
Cash book
(B)
Credit nature
(C)
Cash and credit nature
(D)
None of these.
Question-2
Cash book may be divided into two parts viz, ______ and _______.
(A)
Debit side and credit side
(B)
Cash receipts and cash payments
(C)
None of these
(D)
All of these
Question-3
When cash is deposited or withdrawn from bank, against such entries the word _________is written on both side in Column of ledger folio.
(A)
C
(B)
D
(C)
F
(D)
None of these,
Question-4
The discount column of double column cash book represents merely ______ and they do not represent discount account.
(A)
Discount balance
(B)
Memorandum columns
(C)
Both a and b
(D)
None of these.
Question-5
Spot out the odd one and state reason.
(A)
Purchase a/c
(B)
Capital a/c
(C)
Sales a/c
(D)
Journal proper
Question-6
________ is meant for receding all bills of exchange or promissory notes issued by the business in favour of the creditor.
(A)
Bills payable
(B)
Bills receivable
(C)
Purchase returns
(D)
Sales returns
Question-7
Petty cash book can be maintained in two wages they are _______ and _______.
(A)
Simple petty cash book and analytical petty cash book
(B)
Cash book and analysis petty cash book.
(C)
None of these
(D)
Both of these
Question-8
Cash book is a subsidiary book as well as _________ Book.
(A)
Secondary
(B)
Principal
(C)
None of these
(D)
Both of these
Question-9
Single column cash book is also called as
(A)
Simple cash book
(B)
Cash account
(C)
None of these
(D)
All of these
Question-10
Discount allowed is a ______ to the firm.
(A)
Gain
(B)
Profit
(C)
Loss
(D)
None of these
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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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