11th class Principles of Accounting chapter 7 online mcq test with answers for I.Com part 1 Principles of Accounting chapter 7(Special Journals)

Principles of accounting Icom Part 1 English Medium Chapter 7 Online Test

Sr. #	Questions	Answers Choice
1	A document given by the seller to the buyer for credit sale of goods or assets is called	Cash memo Invoice Voucher None of these
2	The periodical total of purchases returns book is posted to	Debit of returns outwards account Credit of returns inwards account Debit of returns inwards accounts Credit of returns outwards account
3	Sales returns book periodical total is posted to	Debit of returns inwards account Credit of returns inwards account Debit of returns outwards account Credit of returns outwards account
4	Both cash purchases as well as credit purchases are recorded in	Cash book Purchase book Purchases account None of these
5	The periodical total of purchases book is posted to the	Debit of purchases account Credit of purchases account Credit of cash account Debit of sales account
6	The cash book is a book of	Compound entry Original entry Final entry Simple entry
7	A document is sent to customer when he returns the goods is called	Promissory note Debit note Currency note Credit note
8	When the goods are returned to the suppliers, an intimation is sent to them is called	Currency note Invoice Debit note Credit note
9	A book which is used to record small expenses is called	Expenses book Cash book Petty cash book Purchases book
10	Bill receivable book represents	Ledger Journal Trail balance All of above
11	All the bills given to the creditors are recorded in	Creditor's book Bills payable book Bills receivable book Bank book
12	All the acceptances received from the debtors are recorded in	Cash book Bills payable book Debtor's book Bills receivable book
13	The book which is used to record all goods returned to us by our customers is called	Returns outwards book Returns inwards book Sales book Cash book
14	The book which is used to record all goods returned by us to our supplier is called	Returns inwards book Purchases book Return outwards book Sales book
15	All the transactions related to credit sales are recorded in	Sales returns book Sales book Cash book Credit note book

Download This Set