Cash Book MCQs



MCQS 1 To 10

 

1. When any entry is made on the both sides of cash book is called as?

Correct! Wrong!

2. Which one of the following affects cash book during a period?

Correct! Wrong!

3. How much kind of Cash book?

Correct! Wrong!

4. A company issues check to pay account payable. The effect of the transaction is to?

Correct! Wrong!

5. A check received and paid into the bank on the same date is recorded in the?

Correct! Wrong!

6. The transaction will be treated as a contra entry when?

Correct! Wrong!

7. Which one of the following is not correct for cash book?

Correct! Wrong!

8. Over drawn balance of cash book is recorded on?

Correct! Wrong!

9. A check received on 12th of December dated 25th December is considered as?

Correct! Wrong!

10. Which of the following item is not included in the Cash Book?

Correct! Wrong!

Cash Book I (1-10)
Super Genius ***
Excellent ***
Very Good **
Good *
Fair
Fail

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>> Read Cash Book.



MCQs 11 To 20

 

11. Which of the following items is not considered as cash or cash equivalent?

Correct! Wrong!

12. The Cash of a business would change as a result of?

Correct! Wrong!

13. Contra entry is recorded in?

Correct! Wrong!

14. A book in which cash balance and bank balance are simultaneously maintained is known as?

Correct! Wrong!

15. If a business shows a debit balance in its own record of its bank balance, this indicates?

Correct! Wrong!

16. The unfavorable balance of cash in cash book is?

Correct! Wrong!

17. When a company received check from customer. The effect of the transaction is to?

Correct! Wrong!

18. Cash book involves the?

Correct! Wrong!

19. The transaction will be treated as a contra entry when?

Correct! Wrong!

20. When a check is received from a customer and it is deposited into the bank for collection but ultimately returned dishonored, the customer account will be?

Correct! Wrong!

Cash Book I (11-20)
Super Genius ***
Excellent ***
Very Good **
Good *
Fair
Fail

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>> Practice Single Column Cash Book Problems and Solutions.

References

Mukharji, A., & Hanif, M. (2003). Financial Accounting (Vol. 1). New Delhi: Tata McGraw-Hill Publishing Co.

Narayanswami, R. (2008). Financial Accounting: A Managerial Perspective. (3rd, Ed.) New Delhi: Prentice Hall of India.

Ramchandran, N., & Kakani, R. K. (2007). Financial Accounting for Management. (2nd, Ed.) New Delhi: Tata McGraw Hill.

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