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11th Standard Accounts Subsidiary Books - II English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021

11th Standard

    Reg.No. :
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Accountancy

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. The cash book records____.

    (a)

    All cash receipts

    (b)

    All cash payments

    (c)

    Both (a) and (b)

    (d)

    All credit transactions

  2. Which of the following is recorded as contra entry?

    (a)

    Withdrew cash from bank for personal use

    (b)

    Withdrew cash from bank for office use

    (c)

    Direct payment by the customer in the bank account of the business

    (d)

    When bank charges interest

  3. The balance in the petty cash book is_____.

    (a)

    An expense

    (b)

    A profit

    (c)

    An asset

    (d)

    A liability

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

    (a)

    Sales book

    (b)

    Purchase book

    (c)

    Cash book

    (d)

    Credit book

  5. _________ transactions are not recorded in the cash book

    (a)

    Cash

    (b)

    Credit

    (c)

    Both

    (d)

    None of these

  6. The amount given to the petty cashier in advance is known as ____________

    (a)

    Imprest Money

    (b)

    Analytical Petty Cash

    (c)

    Imprest System

    (d)

    None of these

  7. When goods are purchased for cash, the entry will be recorded in the __________

    (a)

    cash book

    (b)

    purchases book

    (c)

    journal

    (d)

    ledger

  8. If a cheque sent for collection is dishonoured, the debit is given to __________

    (a)

    Suppliers A/c

    (b)

    Bank A/c

    (c)

    Customers A/c

    (d)

    None of these

  9. Which of the following is the kind of a Cash book?

    (a)

    Simple column Cash book

    (b)

    Double column Cash book

    (c)

    Triple Column Cash book

    (d)

    All the above

  10. In a three column Cashbook ____________.

    (a)

    Only cash column is balanced

    (b)

    Only bank column is balanced

    (c)

    Only discount column is balanced

    (d)

    Both (a) and (b)

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