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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
ICOM Part 1 English Medium Subjects
ICOM Part 1 Urdu Medium Subjects
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"
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Total Questions15
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Time Allowed20
Principles of accounting Icom Part 1 English Medium Chapter 8 Online Test
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Question # 1
Our cheque to Ali & Bros, returned dishonored should be credited to
Question # 2
The favorable balance of cash book bank column is
Question # 3
The favorable balance of bank statement is
Question # 4
The book in which all cash transaction are primarily recorded is called
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
When cash is received from debtor or customer, generally a receipt is issued to the debtor which is called
Question # 7
Unfavorable balances mean
Question # 8
Cash account is a
Question # 9
All cash purchases and cash sales are recorded in
Question # 10
When cheque received, and deposited into bank, bank account must be
Question # 11
A document evidencing cash receipts and payments and forming the basis for making entries in the cash book is called
Question # 12
The money can be deposited into bank by means of
Question # 13
An entry which is recorded on the both sides of cash book is called
Question # 14
A cash account always shows
Question # 15
Received a cheque from Bilal Rs. 1900 in ful settlement of his debt Rs. 2000 should be debited to
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.
Top Scorers Of Chapter 8 "Principles of accounting Icom Part 1 English Medium Chapter 8 Online Test" MCQ`s Test
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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 -
A Arzoo Qaiser 31 - Jan - 2026 02 Min 04 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 -
M Maryam Nazar 21 - Apr - 2026 04 Min 27 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
ICom Part 1 Principles of Accounting Chapter 8 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Ahmed's cheque endorse to Akbar should be debited to |
A. Cash account
B. Cheque account
C. Akbar's account
D. Ahmed account
|
| 2 | 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
|
| 3 | 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
|
| 4 | All cash purchases and cash sales are recorded in |
A. Cash book
B. Purchases book
C. Sales book
D. Purchases and sales book
|
| 5 | Our cheque to Ali & Bros, returned dishonored should be credited to |
A. Cheque account
B. Cash account
C. Bank account
D. Ali & Bros account
|
| 6 | Bank reconciliation statement is prepared by |
A. Banker
B. Customer's accountant
C. Auditors
D. Manager
|
| 7 | Cash account is a |
A. Personal account
B. Nominal account
C. Real account
D. Both personal and real account
|
| 8 | A document evidencing cash receipts and payments and forming the basis for making entries in the cash book is called |
A. Receipt voucher
B. Cash voucher
C. payment voucher
D. Cash memo
|
| 9 | .The cash book is a |
A. Subsidiary journal
B. Ledger account
C. Subsidiary journal and ledger
D. Trial balance
|
| 10 | When cheque received, and deposited into bank, bank account must be |
A. Credited
B. Debited
C. Both debited & credited
D. None of these
|
Test Questions