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Published on: 27/08/2019
Recording of Transaction - II
Download CBSE Class 11th Standard CBSE Accountancy question papers, sample papers, important questions, and previous year solved papers in PDF format. Get free study materials, NCERT solutions, and exam preparation resources for Class 11th Standard CBSE Accountancy
Questions + Answers key
Take MCQ Accountancy Test
1.
What is meant by two column Cash Book?
2.
What is meant by simple or single column Cash Book?
3.
What does the right side of the Cash Book show?
4.
What does the left side of the Cash Book show?
5.
What is a Cash Book?
6.
The cash column of Cash Book has always a debit balance.
7.
Contra entries in the three column cash book are not posted into Iedger.
8.
Imprest system is applied for head cashier.
9.
The bank column of cash book has sometimes a credit balance.
10.
The cash column of cash book has always a debit
11.
Total of these transactions is posted in purchase account:
Purchase of furniture
Cash and credit purchase
Purchases return
Purchase of stationery
12.
Cash book does not record transaction of:
Cash nature
Credit nature
Cash and credit nature
None of these
13.
Goods purchased on cash are recorded in the:
Purchases (journal) book
Sales (journal) book
Cash book
Purchases return (journal) book
14.
Double column cash book records;
All transactions
Cash and bank transactions
Only credit transactions
Only credit transactions
15.
When a firm maintains a cash book, it need not maintain:
Journal Proper
Purchases (journal) book
Bank and cash account in the ledger
16.
Cash book does not record the _____________ transactions are also recorded.
17.
Total of the debit side of cash book is _____________ than the credit side.
18.
Double column cash book records transaction relating to _____________ and _____________
19.
Assets sold on credit are entered in ______________
20.
Return of goods purchased on credit to the suppliers will be entered in _____________ Journal.
1.
( )
Two column Cash Book means a Cash Book which has two amount columns, one for cash and another for bank on each side.
2.
( )
Simple or single column Cash Book means a Cash Book which has only one amount column on each side for cash, transactions.
3.
( )
The right side of the Cash Book shows the payments made in cash.
4.
( )
The left side of the Cash Book shows the receipts of cash.
5.
( )
Cash Book is a subsidiary book in which all transactions relating to cash receipts and cash payments are recorded.
6.
(a)
7.
(a)
8.
(b)
9.
(a)
10.
(a)
11.
(b)
Cash and credit purchase
12.
(b)
Credit nature
13.
(c)
Cash book
14.
(b)
Cash and bank transactions
15.
(c)
Bank and cash account in the ledger
16.
( )
credit
17.
( )
more
18.
( )
case, bank
19.
( )
journal proper
20.
( )
purchases return
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