1 |
A cash account always shows |
- A. Debit Balance
- B. Credit Balance
- C. Both a and b
- D. Nil Balance
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2 |
Bank Reconciliation represents |
- A. A Journal
- B. A Ledger
- C. A Statement
- D. both a and c
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3 |
How many columns are drawn on one side of three column cash book ? |
- A. Five Columns
- B. Six Columns
- C. Seven Columns
- D. Eight Columns
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4 |
The rules of the debiting the receiving and crediting the giver is applicable to: |
- A. Persona account
- B. Real account
- C. Nominal account
- D. Expense account
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5 |
The document evidencing cash receipts and payments and forming the basis for making entries in the cash book is called: |
- A. Receipt voucher
- B. Payment voucher
- C. Cash voucher
- D. Cash memo
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6 |
The cash book is a |
- A. Subsidiary Journal
- B. Ledger Account
- C. Subsidiary Journal and Ledger
- D. Trial Balance
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7 |
Cash account is concerned with: |
- A. Real account
- B. Personal account
- C. Nominal account
- D. Capital account
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8 |
Petty cash book is a branch of |
- A. Pass Book
- B. Cash Book
- C. Journal
- D. Ledger
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9 |
An Entry which is recorded on the both sides of cash book is called |
- A. Simple Entry
- B. Compound Entry
- C. Combined Entry
- D. Contra Entry
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10 |
Pass book is prepared by |
- A. Debtor
- B. Creditor
- C. Banker
- D. Customer
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