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Question-1
Receipt of cheques from customers relates to _______.
(A)
Sales book
(B)
Cash book
(C)
Journal proper
(D)
Purchase Book
Question-2
VAT stands for________.
(A)
Value and Tax .
(B)
Value added taxes
(C)
None of these
(D)
All of these.
Question-3
Name the books of prime entry in which the transaction of tax and returned goods are returned.
(A)
Cash book
(B)
Purchase returns book
(C)
Sales returns books
(D)
Journal proper.
Question-4
Cash purchases are not recorded in __________.
(A)
Bought book
(B)
Bought day book
(C)
Purchases journal
(D)
All of these.
Question-5
While calculating the due date, it is customary to add three days called _________.
(A)
Days of grace
(B)
Grace days
(C)
Both a or b
(D)
None of these
Question-6
Subsidiary book can also be termed as __________.
(A)
Books of original entry
(B)
Books of secondary entry
(C)
None of these
(D)
All of these.
Question-7
Credit sales of goods in trade is recorded in __________ Book.
(A)
Journal proper
(B)
Cash book
(C)
Sales book
(D)
Purchase book
Question-8
Copy of invoice sent to customers is related to _________.
(A)
Purchase book
(B)
Sales book
(C)
Purchases return
(D)
Sales returns
Question-9
Sold furniture to Haridas is recorded in which Prime entry books.
(A)
Cash Book
(B)
Purchase returns
(C)
Sales book
(D)
Journal proper
Question-10
Copy of credit note sent to customers is related to ____________.
(A)
Purchase book
(B)
Sales book
(C)
Purchase returns
(D)
Sales returns 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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