Practice Test


1) An allowance of Rs.50 was offered for an early payment of cash of Rs.1,050 will record in


2) Accounting for partial recovery from Mr.C of an amount of Rs.2,000 earlier written off as bad debt


3) The total of discount column on the debit side of cash book, recording cash discount deducted by customers when paying their accounts , is posted to the


4) Which of the following is the kind of a cash book


5) Cash book is a type of


6) Cash book is treated as


7) Contra entries are passed only when


8) The cash books record


9) The balance in the petty cash book is


10) cash book is a type of _________but treated as a _____of accounts


11) cash book is used to record


12) cash receipts are recorded


13) cash payments are recorded


14) Which of the following is correct ?


15) when a firm maintains a simple cash book , it need not maintain


16) single column cash book may show


17) which of the following is not a column of a two-column cash book


18) when firm maintains a double column cash book ,it need not maintain


19) which of the following is not a column of three-column cash book


20) when firm maintains a three- column cash book ,it need not maintain


21) bank column of the cash book may show


22) which is entered on the debit side of cash book


23) which is entered on the credit side of cash book


24) transaction entered on the debit side of the cash book are to be posted to


25) transaction entered on the credit side of the cash book are to be posted to


26) which of the following transaction is posted in the ledger


27) which of the following transaction is not posted in the ledger


28) the total of discount column on the debit side of cash book, , is posted to the


29) the total of discount column on the credit side of cash book, , is posted to the


30) in a three- column cash book


31) if a debit as well as the credit aspects of a transaction are recorded in the cash book itself it is called


32) which is not a contra entry in three column cash book


33) discount column of a cash book may show


34) when a cheque received on a particular date is not deposited the same day into bank ,it is entered in


35) when a cheque is returned dishonoured ,it is recorded in


36) when a cheque received is endorsed ,it is recorded in


37) A cheque which is payable across the bank counter


38) In a three column cash book


39) The balance in the petty cash book is


40) If S has sold goods for cash ,the entry will be recorded in the


41) If S has purchased goods for cash ,the entry will be recorded in the


42) cash book is


43) If Ram has sold goods for cash , the entry will be recorded


44) sale of machinery by Mr.X ,a dealer in machinery for Rs.1,20,000 is recorded in


45) goods costing Rs.900 were sold to ram for Rs.1,000 on 1.1.20XI , on 1.2.2.XI Ram paid Rs.950 on account .Ram's account should be credited with


46) R paid Rs.900 in full settlement of a debt of Rs.950 which was written off as a bad debt in the previous year


47) a cheque of Rs.3,500 received from P.K.Jain a customer ,endorsed in favour of P.C .Jain , a supplier . It is to be recorded n


48) an allowance of Rs.25 was offered for an early payment of cash of Rs.975 is to be recorded in


49) If a transaction involves both cash and bank account , it is entered on both sides of the cash book ,one in the cash column and second in the bank column ,though on opposite sides. This is called _____


50) ____ is the books in which all transactions concerning cash receipts and cash payments are recorded


51) Cash book is in the form of _____


52) Balance of cash column in cash book has _____


53) Which of the following is / are features of cash book ?


54) Which of the following is / are features of cash book ?


55) Which of the following is type of cash book?


56) Which of the following is the kind of a cash book?


57) Which of the following is not a column of a three column cash book?


58) Rent due for the month of March will appear _____


59) Which of the column of the cash book can have credit opening or closing balance?


60) Which of the column of the cash book is never balanced ______


61) Cash account is ______


62) Total of debit side discount column of cash book is posted to _____


63) The debit balance of cash account shows ____


64) Contra entry appears in ____


65) Contra entries are passed only when ____


66) If a transaction involves both cash and bank account , it is entered on both sides of the cash book ,one in the cash column and second in the bank column ,though on opposite sides. This is called _____


67) Payments in cash of small amounts like travelling expenses , postage,carriage etc.are recorded in the ____________


68) Which of the following is /are advantages of the imprest system?


69) The petty cashier generally works on ____system.


70) Petty cash book may be treated as a ___


71) If the debit and the credit aspects of a transaction are recorded in the cash book itself, it is called -


72) Money spent Rs.20,000 as traveling expenses of directors on trips abroad for purchase of Capital Assets is -