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Question-1
Bank charges are recorded on the ___________ side of double column cash book.
(A)
Payment
(B)
Receipt
(C)
Both of these
(D)
None of these
Question-2
Cash book is a subsidiary book as well as _________ Book.
(A)
Secondary
(B)
Principal
(C)
None of these
(D)
Both of these
Question-3
Discount received is a _________ to the firm.
(A)
Profit
(B)
Loss
(C)
Gain
(D)
None of these
Question-4
Spot out the odd one and state reason
(A)
Cash a/c
(B)
Cash book
(C)
Purchase book
(D)
Sales book
Question-5
Single column cash book is also called as ________.
(A)
Simple cash book
(B)
Cash account
(C)
None of these
(D)
All of these
Question-6
Cash book performs the functions of both ___________ and ___________.
(A)
Journal and balance sheet
(B)
Ledger and trial balance
(C)
Journal and Ledger
(D)
None of these.
Question-7
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-8
Journal means for specific transactions of similar nature is known as _______.
(A)
Subsidiary books
(B)
Ledger
(C)
Special Journal
(D)
None of these
Question-9
In cash Book, all receipts of cash are recorded on _________ side.
(A)
Credit
(B)
Debit
(C)
Unaffected
(D)
Both side
Question-10
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.
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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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