

Accounting MCQs
Accounting MCQs Test Preparation | Latest 2025 Quiz FPSC, NTS, KPPSC, PPSC, SPSC, BPSC, OTS, UTS, PTS, CTS, ATS, ETEA MCQs Test Questions.
SALE of old furniture will be recorded in which of the following specialised journals?
A: Purchase journal
B: Sales journal
C: General journal
D: Cash receipt journal
General journal
Credit note is the basis for recording a transaction in which of the following SPECIALIZED journals?
A: Purchase journal
B: Sales return journal
C: General journal
D: Cash receipt journal
Sales return journal
Which of the following specialized journals records goods returned by customers?
A: Purchase journal
B: Sales journal
C: Purchases return journal
D: Sales return journal
Sales return journal
Sales on credit is recorded in which of the following journal?
A: Purchase journal
B: Sales journal
C: Purchases return journal
D: Sales return journal
Sales journal
Transactions that a BUSINESS doesnt record in any specialised journal are recorded in which of the following journals or day books?
A: Cash payments journal
B: Cash receipts journal
C: Purchases return journal
D: General journal
General journal
Another name of journal is_____________?
A: Specialized journal
B: Day book
C: Cash book
D: Record book
Day book
Which of the following specialised journals will record goods returned by the BUSINESS ?
A: Purchase journal
B: Sales journal
C: Purchases return journal
D: Sales return journal
Purchases return journal
Sales and purchase journal dont record__________?
A: Credit sales
B: Credit purchases
C: Credit sales and purchases
D: Cash sales and purchases
Cash sales and purchases
Cash received from debtor is recorded in which of the following SPECIALIZED journals?
A: Purchase journal
B: Sales journal
C: Cash receipts
D: Cash payments journal
Cash receipts
Which of the following account with normal balance is shown at the debit side of a trial balance?
A: Rent income account
B: Creditors account
C: Unearned income account
D: Cash account
Cash account