[{"id":59065,"question":"When boan statement shown a debit total balance it means:","choices":[{"text":"Overdraft  as per cash book","value":"A"},{"text":"Unfavourable balance as per cash book","value":"B"},{"text":"Favourable balance as per cash book","value":"C"},{"text":"Overdraft as per bank statement","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":59064,"question":"When ban column of a cash book shows a debit balance it means:","choices":[{"text":"Overdraft as per bank","value":"A"},{"text":"Unfavourable balance as per cash book","value":"B"},{"text":"Favourable balance as per cash book","value":"C"},{"text":"Favourable balance as per pass book","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":59061,"question":"Discount deducted from the catalogue or list price is called:","choices":[{"text":"Trade discount","value":"A"},{"text":"Cash discount","value":"B"},{"text":"Catalogue discount","value":"C"},{"text":"Credit discount","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":59060,"question":"The document evidencing cash receipts and payments and forming the basis for making entries in the cash book is called:","choices":[{"text":"Receipt voucher","value":"A"},{"text":"Payment voucher","value":"B"},{"text":"Cash voucher","value":"C"},{"text":"Cash memo","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":59059,"question":"In journalizing the page numbers of the ledgers are written in:","choices":[{"text":"The first column of journal","value":"A"},{"text":"The second column of journal","value":"B"},{"text":"The third column of journal","value":"C"},{"text":"The fourth column of journal","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":59058,"question":"In form journal, the first column represents:","choices":[{"text":"Ledger Folio","value":"A"},{"text":"Data","value":"B"},{"text":"Amount","value":"C"},{"text":"Debit","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":59056,"question":"Cash account is concerned with:","choices":[{"text":"Real account","value":"A"},{"text":"Personal account","value":"B"},{"text":"Nominal account","value":"C"},{"text":"Capital account","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":59055,"question":"The rules of the debiting the receiving and crediting the giver is applicable to:","choices":[{"text":"Persona account","value":"A"},{"text":"Real account","value":"B"},{"text":"Nominal account","value":"C"},{"text":"Expense account","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":59053,"question":"In accounting all business transactions are recorded which have:","choices":[{"text":"Dual aspect","value":"A"},{"text":"Single aspect","value":"B"},{"text":" None of the above","value":"C"},{"text":"Economic aspect","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":59051,"question":"When saleable goods are bought in a business are called:","choices":[{"text":"Sales ","value":"A"},{"text":"Purchase","value":"B"},{"text":"Assets","value":"C"},{"text":"Goods","value":"D"},{"value":"E"}],"correctAnswer":2}]