WorksheetsPop Quiz - Cash Book & Petty Cash Book
Total questions: 20
Worksheet time: 26mins
A book that combines both the cash and bank account is called a ___________.
Ledgers
Journals
Cash Book
Petty Cash Book
Cash book records ___________ receipts and payments.
cash
credit
cash and credit both
either cash or credit
neither cash nor credit
Cash book is a form of ____________.
Trial Balance
Ledger
Journal
All of the above
There are two cash columns on the debit side and two banks columns on the credit side.
TRUE
FALSE
The balance of cash column of cash book never shows a:
Credit Balance
Debit Balance
None of the above
All of the above
The business receive money on the (a) side of the cash book.
Which of the following will not recorded on debit side of cash book?
Cash Sales
Drawings
Credit Sales
Cash Purchases
(a) happens when the business gives it customers a cash discount.
Mr A purchased goods on credit from Mr B. This transaction should be recorded into Cash Book.
Yes
No
On Aug 7, Joo paid rent by cheque RM 505. How should this transaction be entered in the cash book? ( Ans. format: Dr/Cr Cash/Bank column, RM (a) )
'C' in the folio column stands for (a) .
In three column Cash Book, when does contra entry occurs?
(a) Withdrawal of cash from bank
(b) Payment to creditors
(c) Withdrawal of cash from bank for personal use
(d) all of the above
A Balance c/d on April 30, will appear as what in the new month?
Balance c/d May 30
Balance b/d April 1
Balance b/d May 1
Balance c/d April 30
A book of account used to record small payments is known as the ……
Cash book
Petty cash book
Sales daybook
Ledger book
Which of the following transactions should be entered in the Petty Cash Book?
Salary payments
Stock issued
Subscriptions
Travelling expenses
What is the cash use for the petty cash book called？
Float
Expense
Cheque
None of the above
In petty cash Book, the system followed:
Accrual System
Imprest System
Cash System
None of these
The Balance of Petty Cash is :
(a) An Expense
(b) Revenue
(c) An asset
(d) Liability
Imprest amount - RM 500.
What will be the amount of re-imbursement if following expenses were incurred by the petty cashier during the month?
Telephone = RM150
Tiffin = RM 50
Small Repairs = RM 30
General Expenses = RM 100
300
170
330
270
Postage stamps purchased for RM 30 by business. This transaction will be recorded in:
Purchase book
Cash Book
Petty Cash Book
Journal
