Accounting Mcqs

Page No. 67

Cash purchases is recorded in which of the following specialized journals?


aPurchase journal

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bSales journal

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cPurchases return journal

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dCash payments journal

✓


View Answer Cash payments journal

Which of the following is a type of cash receipt journal + cash payment journal?


aBank statement

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bStatement of cash flow

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cCash book

✓


dCash documents

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View Answer Cash book

Cash received from debtor is recorded in which of the following SPECIALIZED journals?


aPurchase journal

✖


bSales journal

✖


cCash receipts

✓


dCash payments journal

✖


View Answer Cash receipts

Sales and purchase journal don’t record__________?


aCredit sales

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bCredit purchases

✖


cCredit sales and purchases

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dCash sales and purchases

✓



Which of the following specialised journals will record “goods returned by the BUSINESS “?


aPurchase journal

✖


bSales journal

✖


cPurchases return journal

✓


dSales return journal

✖



Another name of journal is_____________?


aSpecialized journal

✖


bDay book

✓


cCash book

✖


dRecord book

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View Answer Day book

Transactions that a BUSINESS doesn’t record in any specialised journal are recorded in which of the following journals or day books?


aCash payments journal

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bCash receipts journal

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cPurchases return journal

✖


dGeneral journal

✓


View Answer General journal

Sales on credit is recorded in which of the following journal?


aPurchase journal

✖


bSales journal

✓


cPurchases return journal

✖


dSales return journal

✖


View Answer Sales journal

Which of the following specialized journals records “goods returned by customers”?


aPurchase journal

✖


bSales journal

✖


cPurchases return journal

✖


dSales return journal

✓


View Answer Sales return journal

Which of the following account with normal balance is shown at the debit side of a trial balance?


aRent income account

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bCreditors account

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cUnearned income account

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dCash account

✓


View Answer Cash account

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