This quiz on Subsidiary Books assesses knowledge on recording credit purchases, differentiating information in ledgers, preparing cash books, managing petty cash, and handling sales returns. Essential for learners in accounting and finance, enhancing practical skills in bookkeeping and financial documentation.
Journal Proper
Purchase Book
Sales Book
Bill Receivable Book
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Only cash transactions
All transactions
Cash, Bank and discount transactions
Cash purchases and cash sale transactions
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Purchase return account
Cash book
Journal proper
None of the three
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Sales return Account
Cash book
Journal proper
None of the above.
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Sales account
Cash book
Journal proper
None of the above
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Only cash transactions
All transactions
Cash and Bank transactions
Cash purchase and cash sale transactions
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Purchases account
Cash book
Journal proper
None of the above
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Cash book
Journal proper
Bills receivable book
Sales book
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Purchase book
Sales book
Cash book
None of the three
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Salaries & wages of the staff
For purchase of assets
Small expenses relating to postages and conveyance etc.
All of the above
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Sales book
Cash book
Journal proper
None of these
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Bill receivable Book
Purchases Return Book
Purchase Book
Journal Proper
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Bills receivables
Bills payables
Cash payments
Opening entry
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A Debit note is sent to him
An Account sale is sent to him
A receipt is sent to him
Either (b) or (c)
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Purchase returns
Sales returns
Cash Sales returns
Both (a) and (c)
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All purchases.
All purchases of goods dealt in by the firm.
Credit purchases of goods dealt in by firm.
Cash purchase of goods dealt in by firm.
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Debit note
Credit note
Proforma invoice
None of the above
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Posted to the Debit of the purchase A/c
Posted to the credit of the purchase A/c
Posted to the credit of the bill payable A/c
None of the above
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Cash book.
Purchases book.
Journal proper.
None of the above.
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Personal A/c
Suspense A/c
Memorandum A/c
Nominal A/c
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Accrual
Balancing
Imprest
None of the three
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Dr. Balance
Cr. Balance
Overdraft
Both Dr and Cr.
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An expense
Income
An asset
Liability
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Cash account Rs.35,000 and discount account Rs.500.
Bank account Rs.35,000 and discount account Rs.500.
Cash account Rs.35,500.
Bank account Rs.35,500
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Recorded in Journal
Not recorded on book of accounts
Recorded in Cash book
Recorded in Sales book
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All cash purchases.
Ail credit purchases.
Credit purchases of goods in trade.
None of the above.
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In the bank a/c
In the cash a/c
No where
Both (a) and (b)
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Bank column on the debit side
Bank column on the credit side
Cash column on the credit side
None of the above
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Total cost of goods sold for the period.
The quantity of a particular product sold during the period.
The amount owed to a particular creditor
The portion of total current assets that consist of cash.
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Rs.75,000
Rs.60,000
Rs.63,750
Rs.50,000
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Rs 6000
Rs 7000
Rs 5700
Rs. 5000
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Debtor A/c
Purchase A/c
Discount A/c
Sales A/c2
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Double column cash book is prepared
Three-column cash book is prepared
Simple cash book is prepared
None of the above
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Trial Balance
Journal
Ledger
All of the above
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Rs.2,793.13
Rs.279.31
Rs.27.93
Rs.2.9375
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Rs.900
Rs.800
Rs.1000
None of the three
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Rs.4,50,000
Rs.3,50,000
Rs.5,00,000
Rs.2,00,000
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Sales return book
Cash book
Journal proper
None of the three
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