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Question-1
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-2
__________ 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-3
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-4
_________ book always shows a debit balance or equal but never credit balance.
(A)
Purchase book
(B)
Cash
(C)
Sales
(D)
None of these
Question-5
_________ 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-6
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-7
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-8
Single column cash book is also called as ________.
(A)
Simple cash book
(B)
Cash account
(C)
None of these
(D)
All of these
Question-9
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-10
___________ is meant for writing only credit sales of goods dealt in by the trader.
(A)
Cash book
(B)
Purchase book
(C)
Purchases returns
(D)
Sales book
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Plus 1 Commerce
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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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