[{"id":59008,"question":"A bill of exchange is drawn by:","choices":[{"text":"A debtor","value":"A"},{"text":"A creditor","value":"B"},{"text":"A holder","value":"C"},{"text":"Endorsee","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":59006,"question":"Bank account is a:","choices":[{"text":"Personal account","value":"A"},{"text":"Real account","value":"B"},{"text":"Nominal account","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":59004,"question":"The statement which contains the explanation of different in  cash book and bank statement is known as:","choices":[{"text":"Bank statement","value":"A"},{"text":"Cash statement","value":"B"},{"text":"Balance statement","value":"C"},{"text":"Bank reconciliation statement","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":59001,"question":"All the transactions recorded to credit sales are recorded in:","choices":[{"text":"Sale return book","value":"A"},{"text":"Sales book","value":"B"},{"text":"Cash book","value":"C"},{"text":"Debtor's book","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":58999,"question":"The book use to record all credit purchases is called:","choices":[{"text":"Purchases book","value":"A"},{"text":"Purchase  return book","value":"B"},{"text":"Cash book","value":"C"},{"text":"Creditor book","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":58997,"question":"A transaction is recorded on the same days as its takes place, so  journal is also called:","choices":[{"text":"A day book","value":"A"},{"text":"A history book","value":"B"},{"text":"An  entry book","value":"C"},{"text":"Ledger book","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":58995,"question":"Transaction are recorded data wise, so journal is also called:","choices":[{"text":"Entry book","value":"A"},{"text":"Transaction book","value":"B"},{"text":"Chronological book","value":"C"},{"text":"Voucher","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":58993,"question":"Personal account are related to:","choices":[{"text":"Assets and liabilities","value":"A"},{"text":"Expenses, losses","value":"B"},{"text":"Customers, creditors etc.","value":"C"},{"text":"Incomes","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":58991,"question":" Salary outstanding account relevant to:","choices":[{"text":"Representative personal account","value":"A"},{"text":" Artificial person's account","value":"B"},{"text":"Natural persons account","value":"C"},{"text":"Nominal accounts","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":58989,"question":"In double entry system of bookkeeping every business transaction affects:","choices":[{"text":"Debit or credit side of the same account","value":"A"},{"text":"Two accounts","value":"B"},{"text":"The same side of the same account","value":"C"},{"text":"None of the above","value":"D"},{"value":"E"}],"correctAnswer":2}]