[{"id":99210,"question":"The book which is used to record all goods returned to us by our customers is called","choices":[{"text":"Returns outwards book","value":"A"},{"text":"Returns inwards book","value":"B"},{"text":"Sales book","value":"C"},{"text":"Cash book","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":99209,"question":"The book which is used to record all goods returned by us to our supplier is called","choices":[{"text":"Returns inwards book","value":"A"},{"text":"Purchases book","value":"B"},{"text":"Return outwards book","value":"C"},{"text":"Sales book","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":99208,"question":"All the transactions related to credit sales are recorded in","choices":[{"text":"Sales returns book","value":"A"},{"text":"Sales book","value":"B"},{"text":"Cash book","value":"C"},{"text":"Credit note book","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":99207,"question":"Which book is used to record all credit purchases?","choices":[{"text":"Purchases book","value":"A"},{"text":"Purchases book return","value":"B"},{"text":"Cash book","value":"C"},{"text":"Debit note book","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":99206,"question":"Which book is used to record all cash receipts and cash payments?","choices":[{"text":"Sale book","value":"A"},{"text":"Purchase book","value":"B"},{"text":"Cash book","value":"C"},{"text":"Petty cash book","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":99205,"question":"Subsidiary books are called books of","choices":[{"text":"Original entry","value":"A"},{"text":"Secondary entry","value":"B"},{"text":"Final entry","value":"C"},{"text":"Basic entry","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":59189,"question":"Acceptance to Mr. A was posted to the debit of B's account. The rectification of the entry will.","choices":[{"text":"Increase the net profit","value":"A"},{"text":"Decrease the net profit","value":"B"},{"text":"Have double effect on net profit","value":"C"},{"text":"Have no effect on net profit","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":59188,"question":"The revenue profit should be transferred to:","choices":[{"text":"Balance sheet","value":"A"},{"text":"Trading account","value":"B"},{"text":"Profit and loss account","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":59187,"question":"The capital profit should be transferred to:","choices":[{"text":"Profit and loss account","value":"A"},{"text":"Trading account","value":"B"},{"text":"Balance Sheet","value":"C"},{"text":"Both Trading and profit and loss account and balance sheet","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":59186,"question":"Unearned income are known as:","choices":[{"text":"Incomes","value":"A"},{"text":"Expenses","value":"B"},{"text":"Liabilities","value":"C"},{"text":"Assets","value":"D"},{"value":"E"}],"correctAnswer":3}]