Revision - Household Analysed Cash Book

The debit side of the analysed cash book records:

• money coming in

• money going out

Monthly salary is

• Irregular Income

• Regular Income

• Irregular Expenditure

• Regular Expenditure

Paying for an electricity bill is a type of

• Discretionary Expenditure

• Irregular Expenditure

• Regular Expenditure

The Balance B/D becomes the new opening balance for the next week/month

• True

• False

The Balance C/D goes on the larger side of the Cash book

• True

• False

The Balance B/D is always on the debit side

• True

• False

You pay for your car tax with cash. Which columns would you enter this into on the credit side?

• Cash & Motor

• Cash only

• Motor only

• Cash & Electricity

You pay for food in Supervalu using cash. Which columns would you enter this transaction in on the credit side of the cash book?

• Cash only

• Groceries only

• Cash & Groceries

• Cash & Entertainment