Accounting Process – Subsidiary Books 0 Accounting Process - Subsidiary Books 1 / 30 Q.30 The total of the amount of the bills payable book is posted to the ____ in the ledger. Dr.of bills payable account Cr.of bills payable account Dr.bills receivable account Dr.bills receivable account 2 / 30 Q.29 which of the following is /are the subsidiary books? Purchases Return book Cash Book Journal Proper All of the above 3 / 30 Q.28 Which of the following is /are the subsidiary books? Purchases books Sales books Bills Payable books All of the above 4 / 30 Q.27 the invoice are used to prepare sales book sales return book purchase return book Purchase book 5 / 30 Q.26 the source document used for recording entries in purchase return book is invoice received invoice sent out credit note sent out debit note issued 6 / 30 Q.25 purchase account in the ledger shows all purchase of goods All credit purchase All credit purchase of goods All credit purchase of assets other than goods 7 / 30 Q.24 purchase of machinery by Mr.X ,a dealer in machinery for Rs.1,00,000 is recorded in journal proper sales book cash book Purchase book 8 / 30 Q.23 sales return book is a part of journal ledger cash book None of these 9 / 30 Q.22 when the goods are returned to a supplier an invoice is sent to him a debit note is received from him a credit note is received from him None of these 10 / 30 Q.21 journal proper is used to record All cash purchase of assets other than goods All cash sale of assets other than goods returns of fixed assets purchased on credit recovery of an amount already written -off as bad-debts 11 / 30 Q.20 sales book is used to record all sales of goods All credit sales All credit sale of goods All credit sale of assets other than goods 12 / 30 Q.19 Salary paid in cash -Rs.50,000 will be recorded in ______ General journal Cash book Purchases return book Purchase book 13 / 30 Q.18 In the Sales Book ______ of goods are recorded Cash sale Credit sale Budgeted sales All of the above 14 / 30 Q.17 Two parallel line drawn on the face of the cheque is called as _______. Bearer cheque Order cheque Crossed cheque Cancelled cheque 15 / 30 Q.16 ________ instrument is used to deposits cash or cheque into the bank Pay-in-slip Cheque book Withdrawal slip None of the book 16 / 30 Q.15 A fixed amount is deposited for a fixed period in _________ deposit account. Current Savings Fixed Recurring 17 / 30 Q.14 The person who draws the cheque and sign on it is the _______. Drawer Drawee Payee All of the above 18 / 30 Q.13 Direct deposit made by customer into our bank is recorded on the ________ side of the cash book. Payment Credit Receipt Both 19 / 30 Q.12 Entry for bad debts is recorded in the ______. Sales book Purchase book Cash book Journal proper 20 / 30 Q.11 Additional cash introduced in business is recorded in ________. Purchase book Cash book Journal proper Returns inward book 21 / 30 Q.10 Sub-division of journal is known as ________ book. Subsidiary Purchase-returns Purchase Journal proper 22 / 30 Q.9 Credit purchase of machinery is recorded in the _________. Purchase book Cash memo Journal proper Returns outward book 23 / 30 Q.8 The source document for recording in purchase book is _______. Inward invoice Outward invoice Voucher Cash memo 24 / 30 Q.7 An entry recorded on both sides of cash book is known as ________ entry. Opening Rectifying Transfer Contra 25 / 30 Q.6 Cash column of cash book can never have ________ balance. Credit Debit Zero None of the above 26 / 30 Q.5 returns of goods sold for cash Rs.500 to Ram are recorded sales book sales return book purchase return book cash book 27 / 30 Q.4 total of return inward book is posted to supplier's account purchase return account sales return account customer's account 28 / 30 Q.3 The total of the purchase day book is posted periodically to the debit of Purchase account Cash book Journal proper(General proper ) None of these 29 / 30 Q.2 Unpaid salary of Rs.340 is to be provided for in the accounts Bills receivable book Purchase book Journal proper(General proper ) Purchase Return book 30 / 30 Q.1 Goods were sold on credit basis to A Brothers for Rs.1,000 Sales book Cash book Journal proper(General proper ) Bills receivable book Your score is LinkedIn Facebook Twitter VKontakte