Double entry in Cash Book is completed when :A. Salaries are paid by chequeB. Withdrawal of money from bank for personal useC. Deposited cash into bankD. None of these
  • A
  • B
  • C
  • D
The Cash Book recordsA. All cash paymentsB. All cash paymentsC. All cash receipts and paymentsD. Cash and credit sale of goods.
  • A
  • B
  • C
  • D
If Ram has sold goods for cash, the entry will be recordedA. In the Cash BookB. In the Sales BookC. In the JournalD. In the Inventory Book
  • A
  • B
  • C
  • D
Petty cash may be used to payA. The expenses relating to postage and conveyance.B. Salary to administrative staffC. For the purchase of furniture and fixturesD. For the purchase of raw material.
  • A
  • B
  • C
  • D
Where two aspects of a transaction are posted in the Cash Book, such an entry is calledA. Double entryB. Debit EntryC. Credit EntryD. Contra Entry
  • A
  • B
  • C
  • D
While balancing three column cash book, the discount columns are:A. Totaled but not adjustedB. Totaled and also adjustedC. Totaled but not balancedD. Balanced but not totaled
  • A
  • B
  • C
  • D
Which of the following is the kind of a cash book?A. Simple column cash bookB. Double-column cash bookC. Three-column cash bookD. All of the above
  • A
  • B
  • C
  • D
Contra entries are passed only whenA. Double-column cash book is preparedB. Three-column cash book is preparedC. Simple cash book is preparedD. None of the above
  • A
  • B
  • C
  • D
Which of the following is not a column of a three-column cash book?A. Cash columnB. Bank columnC. Petty cash columnD. Discount column
  • A
  • B
  • C
  • D
Rent due for the month of March will appear __________ in the Cash book.A. On the receipt sideB. On the payment sideC. As a contra entryD. No where
  • A
  • B
  • C
  • D
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