Explain the purpose of maintaining a cash book - class-IX
Closing balance of cash book is _____________ balance.
Credit balance of bank account in cash book shows ______________.
Total of the debit side of cash book is ___ than the credit side.
Cash book does not record transaction of _____________.
Credit balance shown by a bank column in cash book is ______.
Cash book is a _______( journal).
Cash book does not record the _________ transactions.
Cash received in entered on the debit side of cash book.
Cash book records transactions relating to receipts and payments.
Cash purchases ________________.
In the particulars account the name of the account to be credited is entered at ___________ place with a prefix 'To'.
Which of the following will disturb the balancing of the trial balance?
The data and month of the first entry are written ___________.
The purchase of supplies for cash will result in an _______________.
Location of the debit column is ____________.
Book keeping is meant to show all the transactions.
In the Sales Book ______ of goods recorded.
The total of the purchases day book is posted periodically to the debit of ________________.
Purchases day book records ________________.
Cash sales are recorded in ___________.
Cash purchases are recorded in _____________.
Jan Dhan Account is an example of _______________.
A credit balance in the book statement indicates _____________.
When obsolete assets are sold on credit, these are originally recorded in the _____________.
Which of the following is/are features of cash book ?
Which of the following is the kind of a cash book ?
Which of the following is/are features of cash book?
Cash Book is in the form of ___________.
Which of the following is type of cash book ?
The details of goods returned by the customers to the business organization are recorded in ________ book.
The total amount column of the sales return books is _________________.
_______is the book in which all transactions concerning cash receipts and cash payments are recorded.
Which of the following column of the cash book is never balanced ?
Contra entry appears in ______________.
The cash book records _______________.
Admission fees received during the year should be treated ______________.
Total of debit side discount column of cash book is posted to ______________.
Contra entries are passed only when __________________.
Rent due for the month of March will appear ___________________.
Which of the column of the cash book can have credit opening or closing balance ?
Purchase of furniture on cash for Rs $1,50,000$ will be recorded in _____________.
An allowance of Rs $50$ was offered for an early payment of cash of Rs $1,050$. It will be recorded in ____________.
Received cash of Rs $2,00,000$ from debtors for settlement of credit sales will be recorded in ______________.
_______are passed for rectifying errors which might have committed in the books of account.
Rs $3,50,000$ cash paid to creditors for settlements of credit purchases will be recorded in _______________.
Sold furniture on cash for Rs $1,50,000$ will be recorded in ______________.
Salary paid in cash - Rs $50,000$ will be recorded in ____________.
Purchase of Machinery by Mr. X, a dealer in machinery for 100000 is recorded in _______________.
Cash sales for Rs $5,00,000$ will be recorded in __________.
Investment was sold in cash for Rs $1,00,000$ at par will be recorded in ____________.
Accounting for recovery from Mr. C of an amount of Rs $2,000$ earlier written off as bad debt will be recorded in _____________.
The cash book showed an overdraft of Rs. 3,000 as cash at bank, but the pass book made up on the same date showed that cheques of Rs. 200, Rs. 100 and Rs. 250 respectively had not been presented for payments; and the cheques of Rs. 800 paid into account had not been cleared. The balance as per the cash book will be _____ .
Deposit column of pass book showed a wrong entry of Rs. 112. When the balance as per Cash Book is the starting point __________ .
A cheque is considered as stale when if has been in circulation for _______________.
Cash purchase is accounted in the _______ account.
The term banking is defined in section _________.
Cash sales are recorded in __________.
The subsidiary book in which details of cash received in the form of currency, cheques, drafts, etc. and details of payment made in cash or by cheques, and drafts is called cash book.
________is the book in which cash discount received and allowed is recorded.
Book in which small payments are recorded is ____________.
Type of bank account in which bank keeps no restrictions on depositing cash but imposes restrictions on withdrawals of cash.
Type of bank account in which overdraft facility is given to account holder.
Type of bank account in which money is deposited for fixed period of time _____________.
Current account is more useful to businessman.
Businessman generally operates savings bank account.
Prepaid insurance is nominal account.
Cash book is a book of original entry.
There is no restriction on the operation of a Current A/c.
In fixed deposit A/c money once deposited can be withdrawn at any time.
State whether the following statement is True or False.
Credit Balance of Bank Column of Cash Book represents the balance as per Cash Book.
In Saving A/c. no restrictions are put on withdrawal of cash.
_________ is/are forms of a cash book.
Goods worth Rs. 45,000 sold to Tarun for cash will be recorded in_________.
Goods worth Rs.15,000 purchased from Tarun for cash will be recorded in________.
If Sandeep sold goods for Cash, it will be recorded in _____________.
The Cash Book records ________________.
Balance in the Cash Book shows net income.
Cash book is a type of _______ but it is considered a ___________ of account.
The opening balance on the debit side of the bank column in Cash Book indicates ___________.
Direct payment to third party by the bank on behalf of the account holder is entered in ___________.
Cash book does not record _______________.
Which of the following will not be considered while preparing an amended cash book?
Accounting for partial recovery from Mr. Ram of an amount earlier written off as bad debt will be recorded in _________.
An allowance was offered for an early payment of cash will be recorded in the ___________.
A debit balance in the depositors Cash Book will be shown as _________.
Which of the following is the kind of a cash book?
Payment done by the account holder through issuing a cheque is entered in _____________.
Which of the following is correct?
Cash sales are recorded in ____________.
When a firm maintains a simple Cash Book, it need not maintain ____________.
A cheque received and deposited in the bank on the same day is recorded in the ______________.
The advantages of imprest system of petty cash include:
1. The main (or head) cashier is relieved of maintaining record of petty payments
2. Small payments are not stuffed in the main cash book.
3. Complete and reliable check is maintained on small items of expenses
4. It is automatically balanced.
While posting the Cash Payment from Cash Book___________.
State whether True or False:
All transactions related to bank are recorded in the bank column of the cash book and these transactions are also recorded in the pass book by the bank.
Bank column of the Cash Book has __________ balance.
_______ is book in which all transactions concerning cash receipts and cash payments are recorded.
Cash sales are recorded in _______________.
Cash purchases are recorded in ______________.
Which of the following books is used to record purchase of machinery by cash?
Cash Book is in the form of _____________.
Which of the following is/are features of cash book?
Rent due for the month of March will appear _______________.
Which of the following is the kind of a cash book?
Which of the following statements is/are true?
(i) Cash book records all cash receipts and cash payments.
(ii) Cash book records all sale and purchase transactions of goods both in cash and on credit.
(iii) Cash book records discount on cash payments
Select the correct answer from the options given below :-
Cash column of a Cash-book may show a Debit or Credit Balance.
State with reasons whether the following statement is true or false:
The balance in the Cash Book shows net income.
The allowance made for promoting sales is called Cash discount.
State with reasons whether the following statement is true or false:
Discount account should be balanced in the Cash Book.
In which book does the cash sales will be recorded?
At the happening of below mentioned event what will happen. A cheque is deposited with bank.
Bank does not pay interest on the following account.
In case of three column cash book, contra entry is related with _____________.
A General Cash book acts as a __________.
A discount of Rs. 2000 was given to a supplier on his prompt repayment of debt but the cashier did not enter in the cash book. What should be the adjustment in cash to work out the correct balance of cash book?
Goods returned by customer should be debited to which of the following accounts?
A company was entered in hire purchase agreement and had to pay Rs.1000 per month. Three payment we accounted but no entry was found in cash book. Identify the correct adjustment in cash book.
Bank charges amounting to Rs. $5000$ was not entered in the cash book. Identify the correct adjustment in accounts_____________.
Favourable balance of cash book implies the ___________.
In case of three columnar cash book, contra entry is used for ____________.
A record of transaction between the bank and the holder of ____________ is bank statement.
If a piece of furniture's list price is f $28,000$ and it is sold at 10%trade discount and 2%cash discount. The cash safe price of furniture would be ________________.
Which of the following is a double column cash book?
The book in which two columns are present one for cash and other for discount is ___________.
On 31-3-2015, bank balance as per cash book (Dr.) Rs. 10,000.A comparison of pass book and cash book revealed the following:
- Cheques deposited for Rs.10,000 out of these cheques bank had credited cheques of Rs. 2,500.
- Bank charges Rs.50 was not entered in cash books.
Balance as per pass book will be _______________.
Which of the following technique is used to ascertain the correctness of debtors balance in books?
In which of the book cash purchase is recorded?
Unfavourable balance as per cash book means which of the following?
On purchase of goods of the list of price Rs 10000 from Ram who allowed 10% trade discount and 5% cash discount for immediate payment _____________________.
A cash purchase of goods for proprietor's personal use should be credited to __________________.
Small payments are recorded in a book called _____________.
The primary book wherein the money received from head cashier and the amount of expenditure for a particular period of an organization are recorded in chronological order of dates in separate money columns of both sides, is called ______________ cash book.
In three column cash book, when does contra entry arises?
Which among the following are advantages of Imprest Petty Cash Book ?
Entry for trade discount always appears in the books of account.