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Cash Book Questions and Answers

The bank column in the cash book for December 2020 and the bank statement for that month for King Trading are as follows. What should be the qualities of cashbook clerk.


Ts Grewal Accountancy Class 11 Solutions Chapter 7 Special Purpose Books I Cash Book Ncert Solutions

Download PDF of DK Goel Accountancy Class 11 Solutions Chapter 11 Books of Original Entry Cash Book.

. Three column cash book is used in commercial and business organization for recording cash. Visit the post for more. 25 Short Questions and Answers-Cash Book With PDF In any business organization the importance of cash book is immense.

The above-provided solutions are considered to be the best solution for DK Goel. Cost of sales Purchases 5000 closing inventory 1100 3900 OR 5 300 6 400 3900 Expenses Rent 1000 other expenses 150 80 1230 Profit for the month Sales. Business and cash are inextricably related.

Purpose of a cash book. Up to 3 cash back Answer. Received cash of 3400 from Smith in full settlement of debt of 3500.

Multiple choice questions MCQs Number of MCQs. Cash Book Questions and Answers 0 votes. Asked Jan 2 in Business Studies Form 3 by FaithMalel.

10 15 minutes. In order to score well in this interview question an efficient way is to give a list of qualities and skills that are in alignment. When any entry is made on the both sides of cash book is called as.

MCQs on Accounting - Journal Ledger and Cash Book - Multiple Choice Questions Solved Answer Trivia Test Quiz Notes PDF - MCQtimes. Deposited in the Bank 3000. If we create a cash.

What is the cash book. She keeps the cash book herself but her accountant writes up her ledger each month. Date 2009 Jul Aug Details 1 Balances bd 3 Sales 5 Cash 7 James Chong 13 Rates Refund 19 Bank 23 Bank loan 25 Karen Choi 1 Balances bd.

If you run into any difficulties when answering these questions you should read our cash book article in the explanation section of this website. As an original book and a ledger the Cash book plays both roles. Cash Book Bank Account only 2020 RM 2020 RM Dec 6 Peypei.

The Cash Book serves the dual purpose of the original entry or both books and the Ledger. Sohara puts her cash receipts in a till and. MCQS 1 To 10 Click The Option and See Result 1.

A General entry b Double entry c Compound entry d Contra entry. Cash in hand 15000. 5 Sohara has a shop and sells goods for cash and on credit.


Three Column Cash Book Problems And Solutions


Three Column Cash Book Problems And Solutions


Single Column Cash Book Problems And Solutions


Ts Grewal Solutions For Class 11 Accountancy Chapter 7 Special Purpose Books 1 Cash Book

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