Accounting Test Easy Mode

Sr. #	Questions	Answers Choice
1	A bill of exchange is drawn by:	A debtor A creditor A holder Endorsee
2	Bank account is a:	Personal account Real account Nominal account None of these
3	The statement which contains the explanation of different in cash book and bank statement is known as:	Bank statement Cash statement Balance statement Bank reconciliation statement
4	All the transactions recorded to credit sales are recorded in:	Sale return book Sales book Cash book Debtor's book
5	The book use to record all credit purchases is called:	Purchases book Purchase  return book Cash book Creditor book

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