Test: Cash Book - 2


9 Questions MCQ Test Crash Course of Accountancy - Class 11 | Test: Cash Book - 2


Description
This mock test of Test: Cash Book - 2 for CA Foundation helps you for every CA Foundation entrance exam. This contains 9 Multiple Choice Questions for CA Foundation Test: Cash Book - 2 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Cash Book - 2 quiz give you a good mix of easy questions and tough questions. CA Foundation students definitely take this Test: Cash Book - 2 exercise for a better result in the exam. You can find other Test: Cash Book - 2 extra questions, long questions & short questions for CA Foundation on EduRev as well by searching above.
QUESTION: 1

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

Solution:
QUESTION: 2

Which of the following is the kind of a cash-book ?

Solution:
QUESTION: 3

Cash book is a type of __________ but treated as a ____________ of accounts.

Solution:
QUESTION: 4

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

Solution:
QUESTION: 5

Salaries due for the month of March will appear

Solution:
QUESTION: 6

Contra entries are passed only when

Solution:

Contra Entries 

Transactions recorded in three column cash book which relates to both cash and bank account (i.e. balance of one will decrease and other will increase), such transactions are entered on both sides of the cash book and are known as Contra Entry. These types of entries require no further posting in any other account. Such entries are marked in the cash book with the letter "C" in the folio column to indicate that these are contra transactions and no further posting is required for them. 

 

QUESTION: 7

State which of the following correctly complete the sentences given below:

Q.The Cash Book records

Solution:
QUESTION: 8

State which of the following correctly complete the sentences given below:

Q.The balance in the petty cash book is

Solution:
QUESTION: 9

State which of the following correctly complete the sentences given below:

Q.If Ram has sold goods for cash, the entry will be recorded

Solution:

Related tests