Cash book is a_______

(a)

Subsidiary book

(b)

Principal book

(c)

Journal proper

(d)

Both subsidiary book and principal book

If the debit and credit aspects of a transaction are recorded in the cash book, it is ______.

(a)

Contra entry

(b)

Compound entry

(c)

Single entry

(d)

Simple entry

Small payments are recorded in a book called_____.

(a)

Cash book

(b)

Purchase book

(c)

Bills payable book

(d)

Petty cash book

__________ is the most important subsidiary book.

(a)

Cash book

(b)

Sales book

(c)

Purchase book

(d)

None of these

__________ Cash Book has only one amount column that is cash column

(a)

Single column

(b)

Double column

(c)

Three column

(d)

None of these

___________ discount is allowed to the parties making prompt or immediate payment.

(a)

Trade

(b)

Credit

(c)

Cash

(d)

None of these

All the transactions which decrease bank balance are recorded in the ___________ column on the Credit side.

(a)

cash

(b)

credit

(c)

particular

(d)

bank

For the purpose of accounting, cheques received are treated as ______________

(a)

cash received

(b)

cheque received

(c)

cheque issued

(d)

none of these

On Jan 1^st 2015, 1,000 given to petty cashier. He has spent Rs. 860 during the month of January. On Feb 1^st to make the imprest he will receive the cheque for ________

(a)

1,000

(b)

860

(c)

1,860

(d)

960

Contra Entries are passed only when ___________

(a)

Double column cash book is prepared

(b)

Three column cash book is prepared

(c)

Multi-column cash book is prepared

(d)

Single column cash book is prepared