11th cbse Accounting quiz 14th oct

If Ram has sold goods for cash to Param, the entry will be recorded in

• Cash Book.

• Sales Book.

• Journal Proper.

• Petty Cash Book.

Mohit paid 9,800 in settlement of his account of ₹10,000. Discount Allowed will be recorded in

• Cash Book.

• Journal Book.

• Both Cash Book and Journal.

• Petty Cash Book.

Withdrawal of Cash from Bank is recorded in

• Debit of Bank Column and Credit of Cash Column.

• Debit of Cash Column and Credit of Bank Column.

• Debit of Cash Column and also Credit of Cash Column.

• Debit of Bank Column and also Credit of Bank Column.

Balance in the Petty Cash Book is

• an expense.

• a profit.

• an asset.

• income.

Contra entries on the debt side of the Cash Book are posted to

• Debit of Bank Account in the Ledger.

• Debit of Cash Account in the Ledger.

• Credit of Cash Account in the Ledger.

• Not posted in the Ledger.