The periodic total of sales day book is posted to___________?

A: Sales A/c

B: Cash sales A/c

C: Sales return A/c

D: Credit sales A/c

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Sales A/c

In a three column cash book_______________does not exist?

A: Cash column

B: Bank column

C: Petty cash column

D: Discount column

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Petty cash column

Which of these transactions will not be recorded in cash book?

A: Cash received from debtors

B: Cash paid to creditors

C: Salary remained outstanding

D: Cash deposited with bank

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Salary remained outstanding

The closing balance of a petty cash book is a / an___________?

A: Liability

B: Gain

C: Assets

D: Loss

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Assets

Which column of a cash book will not have credit balance___________?

A: Bank column

B: Discount column

C: Cash column

D: None

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Cash column

Petty cash balance is a/an___________?

A: Assets

B: Expenditure

C: Liability

D: None

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Assets

Which of these is a Part of cash in hand?

A: Postage stamps

B: B/R

C: Cheque Deposited with Bank

D: B/R endorsed

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Postage stamps

Which of the following is a Real A/c?

A: Salary A/c

B: Bank A/c

C: Building A/c

D: Goodwill A/c

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Building A/c

Which of the following is a representative Personal A/c?

A: Outstanding Salary A/c

B: Rent A/c

C: SBI A/c

D: Bad debts A/c

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Outstanding Salary A/c

Which of the following is a Nominal A/c ?

A: Outstanding Salary A/c

B: Rent A/c

C: SBI A/c

D: Debtors A/c

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Rent A/c

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