Accounting Test Easy Mode

Sr. #	Questions	Answers Choice
1	Sales returns book periodical total is posted to	Debit of returns inwards account Credit of returns inwards account Debit of returns outwards account Credit of returns outwards account
2	Both cash purchases as well as credit purchases are recorded in	Cash book Purchase book Purchases account None of these
3	The periodical total of purchases book is posted to the	Debit of purchases account Credit of purchases account Credit of cash account Debit of sales account
4	The cash book is a book of	Compound entry Original entry Final entry Simple entry
5	A document is sent to customer when he returns the goods is called	Promissory note Debit note Currency note Credit note

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