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Accountancy
Business Studies
Computer Science
English I
Economics
English II
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Question-1
Spot out the odd one and state reason.
(A)
Purchase a/c
(B)
Capital a/c
(C)
Sales a/c
(D)
Journal proper
Question-2
Discount received is a _________ to the firm.
(A)
Profit
(B)
Loss
(C)
Gain
(D)
None of these
Question-3
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-4
Transaction can be classified broadly into ______ and ________.
(A)
Cash and non-cash
(B)
Purchase and sale
(C)
Receipt and payments
(D)
None of these
Question-5
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-6
Discount allowed is a ______ to the firm.
(A)
Gain
(B)
Profit
(C)
Loss
(D)
None of these
Question-7
Single column cash book is also called as ________.
(A)
Simple cash book
(B)
Cash account
(C)
None of these
(D)
All of these
Question-8
The term ______ of a cheque means retiring cheque unpaid .
(A)
Dishonour
(B)
Honour
(C)
Retirement
(D)
None of these
Question-9
If petty cash contain may column for payment of expenses. It is ________
(A)
Analytical petty cash book
(B)
Petty column cash book
(C)
Both of these
(D)
None of these
Question-10
Bank charges are recorded on the ___________ side of double column cash book.
(A)
Payment
(B)
Receipt
(C)
Both of these
(D)
None of these
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Practice in Related Chapters
Introduction Of Accounting
Concepts, Standards And Basis
Classification Of Accounts Under Double Entry System And Accounting Equation
Ledger
Trial Balance
Final Accounts Or (Financial Statements)
Journal
Sub-Division Of Journal : Cash Book
Sub-Division Of Journal : Specified purpose Subsidiary
Bank Reconciliation Statement
Rectification Of Errors
Capital And Revenue Expenditure/Income
Depreciation Accounting
Provisions And Reserves
Single Entry System : Accounts From Incomplete Records
Accounts of Non Trading Organization
Bills of Exchange
Introduction To The Use Of Computers In Accounting
Accounting concepts,standards and basis
Introduction to Accounting
Depreciation, Provision and Reserves
Trial Balance and Rectification of Errors
Depreciation, Provision and Reserves
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