A. Petty cash
B. Cash book
C. Cash receipt
D. Discount
The most common imprest system is the ________ system? Read More »
Accounting MCQs / Q&A, CASH BOOK MCQS A. Cash book
B. Two columns cash book
C. Three columns cash book
D. Petty cash book
A cash book with cash, bank and discount column is commonly referred as________? Read More »
Accounting MCQs / Q&A, CASH BOOK MCQS A. Receipts
B. Payments
C. Incomes
D. Expenditures
Introduction capital by owner of business is recorded on which side of a cash book? Read More »
Accounting MCQs / Q&A, CASH BOOK MCQS A. Lump sum
B. Prompt
C. Actual
D. None of them
Cash discount is allowed on _______ repayment of debt. Read More »
Accounting MCQs / Q&A, CASH BOOK MCQS A. Receipts
B. Payments
C. Income
D. Expense
Payment of rent expenses is recorded on which side of cash book? Read More »
Accounting MCQs / Q&A, CASH BOOK MCQS A. Receipts
B. Payments
C. Incomes
D. Expenditures
A. Simple cash book
B. Two column cash book
C. Three column cash book
D. Petty cash book
A. Bank
B. Prepaid expenses
C. Accounts receivable
D. Creditor
Postage stamps on hand are considered as_________? Read More »
Accounting MCQs / Q&A, CASH BOOK MCQS A. Receipts
B. Payments
C. Incomes
D. Expenditures
A. Bank
B. Payments
C. Discount
D. Cash
A simple or one column cash book usually has which of the following main columns? Read More »
Accounting MCQs / Q&A, CASH BOOK MCQS