In Triple column cash book, the balance of bank overdraft brought forward will appear in_________

(a)

Cash column debit side

(b)

Cash column credit side

(c)

Bank column debit side

(d)

Bank column credit side

The balance in the petty cash book is_____.

(a)

An expense

(b)

A profit

(c)

An asset

(d)

A liability

____________ is maintained by every business, whether small or large is size

(a)

Sales book

(b)

Purchase book

(c)

Cash book

(d)

Credit book

_________ transactions are not recorded in the cash book

(a)

Cash

(b)

Credit

(c)

Both

(d)

None of these

The ______________ column Cash book is prepared on the lines of simple cash book

(a)

Single

(b)

Double

(c)

Three

(d)

None of these

What is cash discount?

What is trade discount?

What is a petty cash book?

What do you mean by a Contra Entry?

Give any two Examples for a Contra Enty.

Explain the meaning of imprest system of petty cash book.

Bring out the differences between cash discount and trade discount.

What is cash book? What are its features?

Write notes on posting the petty cash book.

What purpose does an analytical petty cash book serve?

Enter the following transactions in a single column cash book of Pandeeswari for the month of June, 2017.

	Particulars	Rs
June 2	Started business with cash	50,000
8	Paid rent in cash	4,000
10	Purchased printer for cash	7,500
11	Cash purchases	15,000
14	Cash sales	10,000
17	Commission received in cash	6,000
19	Interest paid for loan in cash	2,000
20	Cash withdrawn for personal use	3,000
21	Paid speed post charges in cash	3,500

Enter the following transactions in the Triple column Cash book of Mr. Raja Durai.

	Particulars	Rs
2017 May 1	Cash balance	6,000
	Bank balance	4,000
2	Withdrew from bank	2,000
3	Abdulla directly paid into our bank account	3,000
4	Cheque received from Daniel Rs. 5,000 sent to bank
7	Cheque received from Ramakrishnan for sales	8,000
8	Received cash from Subramaniyam	2,800
	Discount allowed	200
10	Ramakrishnan's cheque sent to bank for collection
14	Paid to Balu by cheque	13,900
	Discount received	100
17	withdrew cash for personal use Rs. 1,500 and by cheque	12,500
27	Rent paid	2,000

Prepare analytical petty cash book in the books of Robert from the following transactions.

2017	Particulars	Rs
Sept. 1	Balance in hand	230
	Received a cheque to make the imprest amount	2,270
2	Postage	314
8	Railway freight	280
10	Repairs to computer	405
12	Printing charges	500
16	Refreshments to customers	72
20	Pen and ink purchased	183
22	Paid auto Charges	75

Prepare petty cash book on imprest system from the following particulars given below:

2012, December	Rs.
1 Balance on hand Rs.25 and Received cheque to make the imprest	975
2 Paid for postage	40
4 Paid for stationery	225
6 Paid for wages	140
8 Paid for carriage	130
10 Paid for travelling expenses	150
11 Paid for telegrams expenses	50
12 Coffee to office staff	45
19 Taxi hire	150