Cash Book Questions And Answers
Three column cash book.
Cash book questions and answers. If you want more practice with full accounting questions and answers you should get the official exercise book for this site volume 2 in the accounting basics series. Ncert solutions for class 11 financial accounting recording of transactions ii short answer type questions q1. Balance the cash book at 30 april and bring down the balances on 1 may 2006.
Get all questions and answers of recording of transactions ii cash book of cbse class 11 commerce accountancy part i on topperlearning. Cash in hand rs 1532 and balance at bank rs 18500. These mcqs can help you to prepare for your exams interviews and different tests.
Christina ogochukwu on january 25 2020 at 2 14 pm. Types of cash book cash book can be of four types. 1 st march 2014 1.
Cash book is a subsidiary book which records the receipts and payment of cash. Required a state one advantage of the imprest system of petty cash. Workbook has 88 questions and exercises starting from the accounting equation and basic concepts to journal entries t accounts the trial balance financial statements the cash flow statement.
11 prepared by d. Briefly state how the cash book is both journal and a ledger. Two column cash book.
Debit and credit rules. Grewal double entry book keeping 14 4. Transactions are recorded directly from source documents in the cash book so there is no need to record transactions in the journal book.