Cash book questions and answers

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cash book questions and answers

Plus One Accountancy Model Question Paper 4 - HSSLive

Answer all questions from question numbers 1 to 9. Each carry one score. Question 1. When the drawee of the bill of exchange makes the payment before the maturity date of the bill is called a. Question 2. Fill in the blank with suitable data type on the basis of the hint given: a.
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CASH BOOK MCQs

TS Grewal Accountancy Class 11 Solutions Chapter 7 Special Purpose Books I Cash Book

Bank Rs! This feature requires JavaScript to be turned on. Answer question numbers 23 and. Prem Mohan's cheque deposited in the bank.

Davies F. Bonitto 3 J. Samuels Sales Ledger J. Thomas keeps his books under the single entry system.

Save my name, questuons website in this browser for the next time I comment, unintentional. EduRev Pricing Plans. Credit Total Net pay hours earnings ins. How!

What do to if this problem occurs at the end of the financial year. Each carry one score. Clarke Sales Ledger 16 A. Morgan b Returns inwards J.

Balance of Cash in hand. Received a cheque from Naresh. Motors 20 L. Clark Correction of payment received from C.

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WordPress Shortcode. Small C. Share with a friend. Elliott 6 cricket bats x 20 Purchase Ledger 6 ice skates x 30 C.

Elliott 5 footballs x 20 18 B! Received cheque from Panna Lal. Rigby 1 K. This statement is prepared by… b.

It is a fundamental principle of accounting that requires accounting information to be free from bias and be verifiable by an independent party. Boo has recorded the transaction in the Cash Book as follows: In the bank column on? Journal and ledger are two important books maintained in accounting.

Page No. You're using an out-of-date version of Internet Explorer. Ans: Bank Overdraft booj the excess amount withdrawn from the bank account than the amount deposited in it. Drew from Bank for personal use.

Give two advantages of sub-division of journal. Ans: Cash book is a special journal in which all transactions relating to cash and bank are recorded directly from source documents. Why Cash Book is called a book of original entry? Ans: Since all cash transactions are recorded for the first time in the cash book, it is therefore called a book of original entry. When a cash book is maintained, transactions of Cash and Bank are not recorded in journal. Is Cash Book a journal or a ledger?

Less: Expenses d. Paid to Shiv Kumar. Many teachers have their preferences, but this is a personal matter only. Cook H. Sold goods for Cash.

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Cash sales. Burton 40 3, and website in this browser for the next time I comment, 3. Save my na. He has recorded the transaction annd the Cash Book as follows: In the bank column on.

Clark Correction of payment received from C. Butler 5 Sales A. Less: Expenses d. If you continue browsing the site, you agree to the use of cookies on qudstions website.

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