| 1 |
Which book is used to record all cash receipts and cash payments? |
- A. Sale book
- B. Purchase book
- C. Cash book
- D. Petty cash book
|
| 2 |
Subsidiary books are called books of |
- A. Original entry
- B. Secondary entry
- C. Final entry
- D. Basic entry
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| 3 |
A book which is used to record small expenses is called |
- A. Expenses book
- B. Cash book
- C. Petty cash book
- D. Purchases book
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| 4 |
The periodical total of purchases book is posted to the |
- A. Debit of purchases account
- B. Credit of purchases account
- C. Credit of cash account
- D. Debit of sales account
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| 5 |
Sales returns book periodical total is posted to |
- A. Debit of returns inwards account
- B. Credit of returns inwards account
- C. Debit of returns outwards account
- D. Credit of returns outwards account
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| 6 |
Which book is used to record all credit purchases? |
- A. Purchases book
- B. Purchases book return
- C. Cash book
- D. Debit note book
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| 7 |
Both cash purchases as well as credit purchases are recorded in |
- A. Cash book
- B. Purchase book
- C. Purchases account
- D. None of these
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| 8 |
A document is sent to customer when he returns the goods is called |
- A. Promissory note
- B. Debit note
- C. Currency note
- D. Credit note
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| 9 |
Bill receivable book represents |
- A. Ledger
- B. Journal
- C. Trail balance
- D. All of above
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| 10 |
The book which is used to record all goods returned to us by our customers is called |
- A. Returns outwards book
- B. Returns inwards book
- C. Sales book
- D. Cash book
|