Accounting Test Easy Mode With Answers

Accounting Test Easy Mode

Sr. # Questions Answers Choice
1 When bank column of a cash book shows a credit balance, it means: Cash balance Bank balance Under draft Over draft
2 A bank reconciliation statement is  prepared by: banker Accountant of the business Statutory auditors Rigistar
3 Subsidiary books are called the book of: Original entry Secondary entry Temporary entry Basic entry
4 The transaction for which non separate book is maintained are recorded in: Journal proper Bills receivable book Bills payable book Cash book
5 A Journal is generally kept on: A columnar basis A row basis A single line basis Vertical basis
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