Home » Quizzes » Cash book » Multiple choice questions quiz
Cash book Multiple choice questions quiz
Quiz-summary
0 of 25 questions completed
Questions:
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
Information
ABOUT THIS QUIZ:
- Chapter: Cash book
- Quiz Type: Multiple choice questions (MCQs)
- Number of MCQs: 25
- Total Points: 25
- Approximate Time Required: 10 – 15 minutes
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading...
You must sign in or sign up to start the quiz.
You have to finish following quiz, to start this quiz:
Results
0 of 25 questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 points, (0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23
- 24
- 25
- Answered
- Review
-
Question 1 of 25
1. Question
A cash book is used to:
-
Question 2 of 25
2. Question
Which of the following cannot be treated as cash?
-
Question 3 of 25
3. Question
A cash book works as:
-
Question 4 of 25
4. Question
Which of the following statements is a correct statement?
-
Question 5 of 25
5. Question
Which of the following cash books is the most identical to a traditional cash account?
-
Question 6 of 25
6. Question
The credit side of a cash book is also known as:
-
Question 7 of 25
7. Question
If we add a bank column to both sides of a single column cash book, it becomes a:
-
Question 8 of 25
8. Question
Which of the following columns of a three column cash book is not balanced?
-
Question 9 of 25
9. Question
A contra entry is an entry that involves:
-
Question 10 of 25
10. Question
A contra entry is always:
-
Question 11 of 25
11. Question
Which one of the following transactions will not affect the cash book?
-
Question 12 of 25
12. Question
Which one of the following transactions will be recorded as contra entry?
-
Question 13 of 25
13. Question
The Maha Trading Company receives a check amounting to $25,000 from Mr. John on March 20 and deposits the same into bank on March 22. How would these transactions affect the company’s cash book?
-
Question 14 of 25
14. Question
A cash book used to record day to day minor expenses is known as:
-
Question 15 of 25
15. Question
A person who is responsible for recording transactions in patty cash book is known as:
-
Question 16 of 25
16. Question
Which of the following is not a contra entry?
-
Question 17 of 25
17. Question
The debit side of a cash book is also known as:
-
Question 18 of 25
18. Question
Which of the following is not posted to ledger?
-
Question 19 of 25
19. Question
A contra entry is:
Correct
Awesome! Your answer is correct.
Explanation:
A contra entry completes the double entry within the cash book and is therefore not posted to any account in the ledger. Moreover, when a cash book is maintained, the cash and bank accounts are not opened in the ledger.
Incorrect
Your answer is incorrect. The correct answer is “is not posted to any account in the ledger” (option 4).
Explanation:
A contra entry completes the double entry within the cash book and is therefore not posted to any account in the ledger. Moreover, when a cash book is maintained, the cash and bank accounts are not opened in the ledger.
-
Question 20 of 25
20. Question
The amounts written in the discount column on the debit side of the cash book represent:
-
Question 21 of 25
21. Question
The total of discount column on the debit side of cash book is posted to the:
-
Question 22 of 25
22. Question
The total of discount column on the credit side of cash book is posted to the:
-
Question 23 of 25
23. Question
The A & Co. received a crossed check amounting to $5,000 from B & Co. The A & Co. deposited the check into bank on the same date on which it was received. The amount of the check would be written:
-
Question 24 of 25
24. Question
The X Traders maintains a double column cash book. It received a check amounting to $1,000 from Y Traders. The check was not deposited into bank account on the same date on which it was received. The amount of the check would be written:
-
Question 25 of 25
25. Question
A firm that properly maintains a cash book does not need to maintain:
Highly useful quiz liked it, the level awesome
That is what type of questions i was searching.Thx a lot sir 💚💚
Thanks sir, I have learned something from you. May God richly bless you.
Just love the quiz, it is a practical quiz to be remembered.