1 |
The balance of petty cash book is a/an |
Asset
Liability
Expense
Income
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2 |
Bank Reconciliation represents |
A Journal
A Ledger
A Statement
both a and c
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3 |
Credit Balance of pass book must be equal to debit balance of |
Cash Book
Bank Ledger
Clients other Account
None of these
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4 |
Pass book is prepared by |
Debtor
Creditor
Banker
Customer
|
5 |
Cheques issued to a creditor but not presented for payment are called |
Un Credited Cheques
Uncollected Cheques
Un Presented Cheques
Dishonoured Cheques
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6 |
The favourable balance of bank statement is |
Credit Balance
Debit Balance
Zero Balance
Both b and c
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7 |
Unfavourable balance means |
Credit Balance in the Pass Book
Credit Balance in the Cash Book
Debit Balance in Bank Statement
Both b and c
|
8 |
Bank reconciliation statement is prepared by |
Banker
Customers Accountant
Auditor
Manager
|
9 |
The book in which all cash transactions are primarily recorded is called |
Cheque Book
Pass Book
Cash Book
Finance Book
|
10 |
Our cheque to Babar & Bros, returned dishonoured should be credited to |
Cheque Account
Cash Account
Bank Account
Babar & Bros A/c
|
11 |
Petty cash book is a branch of |
Pass Book
Cash Book
Journal
Ledger
|
12 |
An Entry which is recorded on the both sides of cash book is called |
Simple Entry
Compound Entry
Combined Entry
Contra Entry
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13 |
In three column cash book, discount column is |
Totaled
Balanced
Carry Forward
Both a and b
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14 |
How many columns are drawn on one side of three column cash book ? |
Five Columns
Six Columns
Seven Columns
Eight Columns
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15 |
Which column is prepared in single column cash book? |
Bank Column
Cash Column
Discount Column
All of the Above
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