Cash Book !

Cash book is a form of ?

• trial balance

• ledger

• financial statements

• all of the above

Which of the following is recorded on debit side of cash book ?

• cash sales

• drawings

• credit sales

• cash purchases

Which of the following transactions are recorded in cash book?

• credit transactions only

• cash and credit transactions only

• cash transactions only

• all of the above

Which of the following is recorded on the credit side of the cash book?

• cash sales

• credit purchases

• dividend received

• salary paid

Which of the following will not be recorded in cash book?

• cash sales

• purchases of raw materials on credit

• purchase of furniture

• • payment of wages

  
  

What is the primary purpose of a cash book?

• Tracking inventory levels

• Recording cash transactions

• Managing employee payroll

• Analyzing market trends

The cash book helps to:

• Monitor cash flow

• Forecast stock prices

• Calculate income

• Create marketing campaigns

Which type of account is recorded on the credit side of a cash book?

• Cash receipts

• Revenue

• Assets

• Cash payments

In a cash book, where are the cash transactions recorded?

• Income statement

• Journal

• Cash book itself

• Ledger

Which of the following is not a benefit of maintaining a cash book?

• Effective cash management

• Easy identification of errors or discrepancies

• Facilitation of financial decision-making

• Calculation of employee salaries