First Year Principles of Accounting Chapter 8 Online MCQ Test for 1st Year Principles of Accounting Chapter 8 (Cash Book and Bank Reconciliation Statement)

This online test contains MCQs about following topics:

. Cash book . Definition . Is cash book a journal or a ledger? . Distinction between a cash book and a cash account . Types of cash book . Opening an account with a bank, accounting treatment of cheques . Dishonour of cheques . Classification of cash book . Bank reconciliation statement . Distinction between cash book and pass book . What is meant by reconciliation?

ICOM Part 1 Accounting Ch 8 Test
Start Accounting Ch 8 Test
ic

ICOM Part 1 English Medium Subjects

icon
Principles of Accounting
icon
Principles of Economics
icon
Principles of Commerce
icon
English
icon
Islamiat
icon
Business Mathematics
icon
Urdu

ICOM Part 1 Urdu Medium Subjects

icon
Urdu
icon
Business Mathematics
icon
Islamiat
icon
English
icon
Principles of Commerce
icon
Principles of Economics
icon
Principles of Accounting

MCQ's Test For Chapter 8 "Principles of accounting Icom Part 1 English Medium Chapter 8 Online Test"

Try The MCQ's Test For Chapter 8 "Principles of accounting Icom Part 1 English Medium Chapter 8 Online Test"

  • Total Questions15

  • Time Allowed20

Start Test Download PDF

Principles of accounting Icom Part 1 English Medium Chapter 8 Online Test

00:00
Question # 1

Credit purchases are recorded in

Question # 2

The money can be deposited into bank by means of

Question # 3

When cash is withdrawn from the bank for the personal use of the owner, must be debited to

Question # 4

.The cash book is a

Question # 5

A statement which is used to reconcile the bank balance as per cash book with the balance as per pass book is called

Question # 6

Our cheque to Ali & Bros, returned dishonored should be credited to

Question # 7

A double column cash book is used to record

Question # 8

A document evidencing cash receipts and payments and forming the basis for making entries in the cash book is called

Question # 9

Bank reconciliation statement is prepared by

Question # 10

When cash is received from debtor or customer, generally a receipt is issued to the debtor which is called

Question # 11

The favorable balance of bank statement is

Question # 12

Received a cheque from Bilal Rs. 1900 in ful settlement of his debt Rs. 2000 should be debited to

Question # 13

Ahmed's cheque endorse to Akbar should be debited to

Question # 14

All cash purchases and cash sales are recorded in

Question # 15

A cash account always shows

Submit

Prepare Complete Set Wise Chapter 8 "Principles of accounting Icom Part 1 English Medium Chapter 8 Online Test" MCQs Online With Answers


Topic Test

00:00
Submit
ic-science-white
Prin. of Accounting
8th Chapter

11th Principles of Accounting Chapter 8 Test

Here you can prepare 11th Principles of Accounting English Medium Chapter 8 Cash Book and Bank Reconciliation Statement Test. Click the button for 100% free full practice test.

Start Chapter 8 Test

Top Scorers Of Chapter 8 "Principles of accounting Icom Part 1 English Medium Chapter 8 Online Test" MCQ`s Test

  • A
    Ashraf Hussain 23 - Jun - 2023 04 Min 13 Sec 15/15
  • H
    hamza abid 10 - Apr - 2023 10 Min 50 Sec 15/15
  • A
    Ayan Ahmed 04 - May - 2024 01 Min 10 Sec 14/15
  • Z
    Zahid javed Butt 08 - Jun - 2024 03 Min 04 Sec 14/15
  • N
    Niaz 17 - Sep - 2022 03 Min 05 Sec 14/15
  • A
    alone pagal 23 - Apr - 2024 03 Min 50 Sec 14/15
  • K
    kalsoom 11 - Jan - 2024 04 Min 11 Sec 14/15
  • J
    Jiya 7287 29 - Nov - 2024 04 Min 40 Sec 14/15
  • M
    Maher Naveed 26 - Dec - 2023 07 Min 48 Sec 14/15
  • Y
    Yusuf Iftehar Iftehar Ahmad 02 - Oct - 2022 01 Min 53 Sec 13/15
  • U
    uzma zubair 29 - Apr - 2024 02 Min 54 Sec 13/15
  • A
    Asfand waseem 25 - Feb - 2023 03 Min 25 Sec 13/15
  • F
    Fatima Asif 25 - May - 2024 03 Min 36 Sec 13/15
  • A
    Abdulah Iftikhar 10 - Nov - 2022 05 Min 11 Sec 13/15
  • L
    Laiba 06 - Feb - 2023 02 Min 13 Sec 12/15

ICom Part 1 Class Principles of Accounting Chapter 8 Important MCQ's

Sr.# Question Answer
1 The favorable balance of bank statement is
A. Credit balance
B. Debit balance
C. Zero balance
D. All of these
2 A statement which is used to reconcile the bank balance as per cash book with the balance as per pass book is called
A. Bank statement
B. Income statement
C. Bank reconciliation statement
D. Financial statements
3 A cash account always shows
A. Debit balance
B. Credit balance
C. Both debit and credit balance
D. Nil balance
4 A double column cash book is used to record
A. Cash transactions only
B. Cash and bank transaction
C. Cash, bank and discount transaction
D. None of these
5 Ahmed's cheque endorse to Akbar should be debited to
A. Cash account
B. Cheque account
C. Akbar's account
D. Ahmed account
6 All cash purchases and cash sales are recorded in
A. Cash book
B. Purchases book
C. Sales book
D. Purchases and sales book
7 .The cash book is a
A. Subsidiary journal
B. Ledger account
C. Subsidiary journal and ledger
D. Trial balance
8 When money is paid to a creditor or supplier a receipt is obtained from him which is called
A. Cash voucher
B. Cash payment
C. Receipt voucher
D. Payment voucher
9 Received a cheque from Bilal Rs. 1900 in ful settlement of his debt Rs. 2000 should be debited to
A. Cash account
B. Discount allowed account
C. Bank account
D. Both a & b
10 When cash is received from debtor or customer, generally a receipt is issued to the debtor which is called
A. Payment voucher
B. Receipt voucher
C. Cash voucher
D. None of these

Test Questions

Is this page helpful?