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Question-1
Double column cash book records.
(A)
All transaction
(B)
Cash and bank transaction
(C)
Only cash transaction
(D)
Only credit transaction.
Question-2
_________ is meant for recording all bills of exchange or promissory note received by the business form it debtors.
(A)
Bills payable
(B)
Bills receivable
(C)
Purchases returns book
(D)
Sales returns book
Question-3
_______ 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-4
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-5
__________ is recorded on the receipt side of cash book (double column).
(A)
Bank charges
(B)
Interest received
(C)
Both of these
(D)
None of these
Question-6
____________ 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-7
A cash book which contains only one column on amount is called ________.
(A)
Single column cash book
(B)
Simple cash book
(C)
Both a & b
(D)
None of these
Question-8
Cash discount is allowed to customers for making ________.
(A)
Correct payment
(B)
Prompt payment
(C)
Both a or b
(D)
None of these
Question-9
Spot out the odd one and state reason
(A)
Cash a/c
(B)
Cash book
(C)
Purchase book
(D)
Sales book
Question-10
In cash Book, all receipts of cash are recorded on _________ side.
(A)
Credit
(B)
Debit
(C)
Unaffected
(D)
Both side
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Plus 1 Commerce
ICSE/ISC
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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