Take a quick Multiple Choice Questions (MCQs) test about Cash book. These MCQs can help you to prepare for your exams, interviews and different tests. Just click the “start quiz” button and start Cash book MCQs quiz.
If you find difficulty in answering these questions, read ‘Cash book‘ chapter thoroughly from explanation section of the website.
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Cash Book MCQs quiz
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- Question 1 of 10
1. Question
Double column cash book has two money column as follows:
Correct
Awesome! your answer is correct.Incorrect Your answer is incorrect. The correct answer is “One for discount and the other for cash.” (option 2). - Question 2 of 10
2. Question
Contra entries are recorded in:
CorrectAwesome! your answer is correct.Incorrect Your answer is incorrect. The correct answer is “Cash book with discount and bank column.” (option 2). - Question 3 of 10
3. Question
Office cash deposited into bank is recorded in cash book on
CorrectAwesome! your answer is correct.Incorrect Your answer is incorrect. The correct answer is “Debit side and on the credit side” (option 3). - Question 4 of 10
4. Question
Cash discount allowed is:
CorrectAwesome! your answer is correct.Incorrect Your answer is incorrect. The correct answer is “Recorded on the debit side of cash book” (option 1). - Question 5 of 10
5. Question
Cash withdrawn from bank for office use is recorded in cash book on:
CorrectAwesome! your answer is correct.Incorrect Your answer is incorrect. The correct answer is “Debit side and credit side” (option 3). - Question 6 of 10
6. Question
Cash withdrawn from bank for personal use of the owner is recorded in cash book on:
CorrectAwesome! your answer is correct.Incorrect Your answer is incorrect. The correct answer is “credit side” (option 2). - Question 7 of 10
7. Question
Cash book is meant for recording:
CorrectAwesome! your answer is correct.Incorrect Your answer is incorrect. The correct answer is “all cash transactions” (option 1). - Question 8 of 10
8. Question
Cash sales are recorded in:
CorrectAwesome! your answer is correct.Incorrect Your answer is incorrect. The correct answer is “Cash book” (option 2). - Question 9 of 10
9. Question
Petty cash book is used for recording:
CorrectAwesome! your answer is correct.Incorrect Your answer is incorrect. The correct answer is “petty cash receipts and payments” (option 4). - Question 10 of 10
10. Question
In case of cash book if nature of balance is not mentioned then it will be:
CorrectAwesome! your answer is correct.Incorrect Your answer is incorrect. The correct answer is “Debit balance” (option 1).
Awesome! your answer is correct.
Your answer is incorrect. The correct answer is “One for discount and the other for cash.” (option 2).You can also check:
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