Practice mode / Cash Book Cash book with cash and discount column is mostly referred as? A Option A: Simple cash book B Option B: Two column cash book C Option C: Three column cash book D Option D: Petty cash book Correct answer B. Two column cash book Show answer
Question 01 / Cash Book A simple or one column cash book usually has which of the following main columns? A Option A: Bank B Option B: Payments C Option C: Discount D Option D: Cash Correct answer D. Cash Show answer Open question
Question 02 / Cash Book Purchase of office equipment for cash will be recorded on which of the following sides of a cash book? A Option A: Receipts B Option B: Payments C Option C: Incomes D Option D: Expenditures Correct answer B. Payments Show answer Open question
Question 03 / Cash Book Postage stamps on hand are considered as? A Option A: Bank B Option B: Prepaid expenses C Option C: Accounts receivable D Option D: Creditor Correct answer B. Prepaid expenses Show answer Open question
Question 04 / Cash Book A cash book that is used to record the small payments of cash is generally referred as? A Option A: Simple cash book B Option B: Two column cash book C Option C: Three column cash book D Option D: Petty cash book Correct answer D. Petty cash book Show answer Open question
Discussion