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

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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
ic

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

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

  • Total Questions15

  • Time Allowed20

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

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Question # 1

The favorable balance of cash book bank column is

Question # 2

It is used to record cash, bank and discount transactions on debit and credit side

Question # 3

The favorable balance of bank statement is

Question # 4

When cheque received, and deposited into bank, bank account must be

Question # 5

When money is paid to a creditor or supplier a receipt is obtained from him which is called

Question # 6

A double column cash book is used to record

Question # 7

The book in which all cash transaction are primarily recorded is called

Question # 8

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

Question # 9

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

Question # 10

An entry which is recorded on the both sides of cash book is called

Question # 11

Credit purchases are recorded in

Question # 12

Unfavorable balances mean

Question # 13

.The cash book is a

Question # 14

The money can be deposited into bank by means of

Question # 15

paid to Nadeem cash Rs. 5000 and a cheque for Rs. 4800 in full settlement of his dued Rs. 10000 should be credited to

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