CASH BOOK MCQS

A. Simple cash book
B. Two column cash book
C. Three column cash book
D. Petty cash book

A. Payee
B. Payer
C. Bank
D. Seller

A. Cash
B. Bank balance
C. Accounts receivable
D. Cash reserve

A. Every day
B. Every half year
C. Every year
D. At the end of every accounting period

A. Bank balance
B. Cash at bank
C. Bank overdraft
D. Bank underdraft

A. Liability
B. Asset
C. Expenses
D. Income

A. Receipts
B. Payments
C. Incomes
D. Expenditures

A. Bank
B. Accountant of business
C. Manager of a company
D. Bank’s cashier

A. Cash payments
B. Cash receipts
C. Cash payments and cash receipts
D. Neither cash payments nor cash receipts

A. Cash entry
B. Contra entry
C. Payment entry
D. Compound entry