1 |
The periodical total of purchases book is posted to the |
- A. Debit of purchases account
- B. Credit of purchases account
- C. Credit of cash account
- D. Debit of sales account
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2 |
When the goods are returned to the suppliers, an intimation is sent to them is called |
- A. Currency note
- B. Invoice
- C. Debit note
- D. Credit note
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3 |
The book which is used to record all goods returned by us to our supplier is called |
- A. Returns inwards book
- B. Purchases book
- C. Return outwards book
- D. Sales book
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4 |
Which book is used to record all cash receipts and cash payments? |
- A. Sale book
- B. Purchase book
- C. Cash book
- D. Petty cash book
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5 |
The periodical total of purchases returns book is posted to |
- A. Debit of returns outwards account
- B. Credit of returns inwards account
- C. Debit of returns inwards accounts
- D. Credit of returns outwards account
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6 |
Subsidiary books are called books of |
- A. Original entry
- B. Secondary entry
- C. Final entry
- D. Basic entry
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7 |
A document is sent to customer when he returns the goods is called |
- A. Promissory note
- B. Debit note
- C. Currency note
- D. Credit note
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8 |
Both cash purchases as well as credit purchases are recorded in |
- A. Cash book
- B. Purchase book
- C. Purchases account
- D. None of these
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9 |
All the transactions related to credit sales are recorded in |
- A. Sales returns book
- B. Sales book
- C. Cash book
- D. Credit note book
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10 |
Which book is used to record all credit purchases? |
- A. Purchases book
- B. Purchases book return
- C. Cash book
- D. Debit note book
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