unit 29 Cash book
Authored by Yeukai Issa
Business
Professional Development
Used 15+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Cash book records____________
a.
Cash payments and cash receipts
b.
Cash receipts
c.
Cash payments
D. Neither cash payments nor cash receipts
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Payment of rent expenses is recorded on which side of cash book?
A. Receipts
B.
payment
C.
income
D.
expense
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When you buy items above 200 riyal at Centre Point as a customer and you receive a 10% discount .This is called ............... ............
Discount allowed
Discount Received
imprest system
depreciation of assets
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
You are the owner of small business and you have given your first customer of the day a 10% discount for paying using cash. This is called
discount received
discount allowed
discount realized
desirable income
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Which columns are in a 3 column cash book
A.
cash
cheque
discount
B.
bank
cash
depreciation
C.
discount
cash
bank
D.
Bank Reconciliation
cheque
cash
6.
DRAW QUESTION
2 mins • Ungraded
Discount allowed is on the ------------ side of the cash book. (Choose between the 2 answers in the bucket
Answer explanation
7.
DRAW QUESTION
2 mins • Ungraded
Discount received is on the ----------- of the cash book. (choose between the 2 answers in the bucket)
Answer explanation
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