1.
Which of the following statements is true about the balance in the petty cash account?
2.
What is the primary purpose of a cashbook?
3.
Which of the following is not a part of ‘cash and cash equivalents’ in a cash book?
4.
A cash book serves the following purpose:
5.
Which of the following statements about cash is correct?
6.
Which of the following cash books is similar to a cash account?
7.
The credit side of a cashbook is__________?
8.
Once you add a bank column to both sides of a single cashbook, it becomes a__________:
9.
In a three column cashbook, the_____ column is not balanced:
10.
In a cashbook, a contra entry involves________:
11.
In a cashbook, a contra entry is recorded on the______:
12.
The transaction that does not affect a cashbook is__________:
13.
Which one of the following transactions will be recorded in the cashbook as a contra entry?
14.
A cashbook that records minor expenses of a business on a day-to-day basis is_______:
15.
The person who is responsible for recording transactions in a petty cash book is a________:
16.
Another name for the debit side of a cashbook is____________:
17.
Which of the following details is not posted in a ledger?
18.
A company issues a cheque for paying a creditor. What is the effect of that transaction?
19.
A cheque is received from a creditor and paid into the bank on the same day. How will this transaction be recorded in the cashbook?
20.
Which of the following statements about a cashbook is not true?
21.
How do we record the overdrawn balance of a cashbook?
22.
Which of the following transactions will not be included in the cashbook?
23.
The amount mentioned in the discount column on the debit side of a cashbook represents:
24.
The total of the discount column on the debit side of a cashbook is posted to the:
25.
Cash book is a book in which all cash_______and cash________recorded.
26.
The petty cashier meets all small payments out of this__________amount.
27.
____________entry is when transactions relate to both cash and bank side of the bank column cash book.
28.
__________is when cheque received from a customer is given to some other party.
29.
____________is the credit balance of the bank column of the cash book.
30.
A separate cash book to record small transactions is called________
31.
When a cash book is maintained, cash transactions are not in____________
32.
The assistant of head cashier is known as.
33.
Which is not the type of cash book
35.
A bill payables is posted on the debit side of _____________account from bills payable book
36.
In which book, will the following transaction be entered-(This question might be wrong)
37.
In which book, will the following transaction be entered-(This question might be wrong)
38.
Acceptance by debtors for credit sales of trading items made by sellers have to be recorded in _______________books.
39.
Acceptance by debtors for credit purchases of trading items made by the seller have to be recorded in__________________books.
40.
Which transaction is not recorded in the journal proper?
42.
When a customer purchases goods in bulk, the vendor allows him a discount which is called
43.
_______________book is maintained to record transactions which do not found place in special journals.
