Cash Book Quizz

1. Double entry in Cash Book is completed when :

A. Salaries are paid by cheque


B. Withdrawal of money from bank for personal use


C. Deposited cash into bank


D. None of these

2. The Cash Book records

A. All cash payments


B. All cash payments


C. All cash receipts and payments


D. Cash and credit sale of goods.

3. If Ram has sold goods for cash, the entry will be recorded

A. In the Cash Book

B. In the Sales Book

C. In the Journal

D. In the Inventory Book

4. Petty cash may be used to pay

A. The expenses relating to postage and conveyance.


B. Salary to administrative staff


C. For the purchase of furniture and fixtures


D. For the purchase of raw material.

5. Where two aspects of a transaction are posted in the Cash Book, such an entry is called

A. Double entry


B. Debit Entry


C. Credit Entry


D. Contra Entry

6. While balancing three column cash book, the discount columns are:

A. Totaled but not adjusted


B. Totaled and also adjusted


C. Totaled but not balanced


D. Balanced but not totaled

7. Which of the following is the kind of a cash book?

A. Simple column cash book


B. Double-column cash book


C. Three-column cash book


D. All of the above

8. Contra entries are passed only when

A. Double-column cash book is prepared


B. Three-column cash book is prepared


C. Simple cash book is prepared


D. None of the above

9. Which of the following is not a column of a three-column cash book?

A. Cash column


B. Bank column


C. Petty cash column


D. Discount column

10. Rent due for the month of March will appear __________ in the Cash book.

A. On the receipt side

B. On the payment side

C. As a contra entry

D. No where