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SSS 1 Exam  >  SSS 1 Tests  >  Test: Books of Prime Entry - SSS 1 MCQ

Test: Books of Prime Entry - SSS 1 MCQ


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10 Questions MCQ Test - Test: Books of Prime Entry

Test: Books of Prime Entry for SSS 1 2025 is part of SSS 1 preparation. The Test: Books of Prime Entry questions and answers have been prepared according to the SSS 1 exam syllabus.The Test: Books of Prime Entry MCQs are made for SSS 1 2025 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Books of Prime Entry below.
Solutions of Test: Books of Prime Entry questions in English are available as part of our course for SSS 1 & Test: Books of Prime Entry solutions in Hindi for SSS 1 course. Download more important topics, notes, lectures and mock test series for SSS 1 Exam by signing up for free. Attempt Test: Books of Prime Entry | 10 questions in 20 minutes | Mock test for SSS 1 preparation | Free important questions MCQ to study for SSS 1 Exam | Download free PDF with solutions
Test: Books of Prime Entry - Question 1
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Which book of prime entry is used to record credit sales transactions?

Detailed Solution for Test: Books of Prime Entry - Question 1

The Sales Journal is used specifically for recording credit sales transactions, excluding cash sales.

Test: Books of Prime Entry - Question 2
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What is the purpose of the Purchases Returns Journal?

Detailed Solution for Test: Books of Prime Entry - Question 2

The Purchases Returns Journal is used to record returns of items purchased on credit from suppliers.

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Test: Books of Prime Entry - Question 3
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In which book would you record a transaction involving the return of goods to a supplier?

Detailed Solution for Test: Books of Prime Entry - Question 3

The Purchases Returns Journal is used to record returns of goods to suppliers.

Test: Books of Prime Entry - Question 4
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What type of transactions are recorded in the Cash Book?
Detailed Solution for Test: Books of Prime Entry - Question 4

The Cash Book records all cash and bank transactions, including receipts and payments.

Test: Books of Prime Entry - Question 5
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Which book of prime entry is used for recording transactions that do not fit into any other specialized book?
Detailed Solution for Test: Books of Prime Entry - Question 5

The General Journal records transactions that do not belong to any other specific book of prime entry.

Test: Books of Prime Entry - Question 6
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What is the main purpose of using books of prime entry in accounting?
Detailed Solution for Test: Books of Prime Entry - Question 6

Books of prime entry are used to record transactions promptly and accurately before they are posted to ledger accounts.

Test: Books of Prime Entry - Question 7
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Which book of prime entry is used to record minor cash transactions?
Detailed Solution for Test: Books of Prime Entry - Question 7

The Petty Cash Book is used to record minor cash transactions within a business.

Test: Books of Prime Entry - Question 8
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What information is recorded in the Sales Journal?
Detailed Solution for Test: Books of Prime Entry - Question 8

The Sales Journal records credit sales transactions made to customers.

Test: Books of Prime Entry - Question 9
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When would you use the General Journal in accounting?
Detailed Solution for Test: Books of Prime Entry - Question 9

The General Journal is used to record various transactions including correcting errors in previous entries.

Test: Books of Prime Entry - Question 10
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What distinguishes the Cash Book from other books of prime entry?
Detailed Solution for Test: Books of Prime Entry - Question 10

The Cash Book records all cash and bank transactions within a business.

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Books of Prime Entry MCQs with Answers

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