| 1 |
When ban column of a cash book shows a debit balance it means: |
- A. Overdraft as per bank
- B. Unfavourable balance as per cash book
- C. Favourable balance as per cash book
- D. Favourable balance as per pass book
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| 2 |
Petty cash book is a branch of |
- A. Pass Book
- B. Cash Book
- C. Journal
- D. Ledger
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| 3 |
Our cheque to Babar & Bros, returned dishonoured should be credited to |
- A. Cheque Account
- B. Cash Account
- C. Bank Account
- D. Babar & Bros A/c
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| 4 |
When boan statement shown a debit total balance it means: |
- A. Overdraft as per cash book
- B. Unfavourable balance as per cash book
- C. Favourable balance as per cash book
- D. Overdraft as per bank statement
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| 5 |
In journalizing the page numbers of the ledgers are written in: |
- A. The first column of journal
- B. The second column of journal
- C. The third column of journal
- D. The fourth column of journal
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| 6 |
A cash account always shows |
- A. Debit Balance
- B. Credit Balance
- C. Both a and b
- D. Nil Balance
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| 7 |
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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| 8 |
The book in which all cash transactions are primarily recorded is called |
- A. Cheque Book
- B. Pass Book
- C. Cash Book
- D. Finance Book
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| 9 |
In accounting all business transactions are recorded which have: |
- A. Dual aspect
- B. Single aspect
- C. None of the above
- D. Economic aspect
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| 10 |
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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