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cashbook

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

1. A cashbook which records both cash and bank transactions is called a …… cashbook.

a)

single column

b)

flex

c)

double column

d)

hyper

2.

2. A cashbook which records cash, bank and discount is called a ……… cashbook.

a)

single column

b)

Triple column

c)

double column

d)

hyper

3.

3. The discount on the debit side of a triple column cashbook is called………

a)

discount allowed

b)

Trade discount

c)

discount received

d)

discount flow

4.

4. The discount on the credit side of a triple column cashbook is called ……

a)

discount allowed

b)

Trade discount

c)

discount received

d)

discount flow

5.

5. The discount on the debit side of the cashbook relates to ……….

a)

purchases

b)

debtors

c)

creditors

d)

goods

6.

6. A credit balance in the bank columns of the cashbook is called ……………

a)

withdrawal

b)

overbank

c)

overdraft

d)

overboard

7.

7. The letter ‘C’ in the folio column of a two or three column cashbook stands for……

a)

coffee

b)

contra entry

c)

coconut

d)

control

8.

8. The folio column is used for………..

a)

date

b)

type of transaction

c)

value

d)

referencing

9.

9. How many columns are in the format of a three column cashbook?

a)

12

b)

7

c)

5

d)

8

10.

10. The column for showing details or description of the type of transaction is the ……..

a)

folio

b)

particulars

c)

amount

d)

date