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Worksheetsunit 29 Cash book
Total questions: 14
Worksheet time: 26mins
Cash book records____________
a.
Cash payments and cash receipts
b.
Cash receipts
c.
Cash payments
D. Neither cash payments nor cash receipts
Payment of rent expenses is recorded on which side of cash book?
A. Receipts
B.
payment
C.
income
D.
expense
When you buy items above 200 riyal at Centre Point as a customer and you receive a 10% discount .This is called ............... ............
Discount allowed
Discount Received
imprest system
depreciation of assets
You are the owner of small business and you have given your first customer of the day a 10% discount for paying using cash. This is called
discount received
discount allowed
discount realized
desirable income
Which columns are in a 3 column cash book
A.
cash
cheque
discount
B.
bank
cash
depreciation
C.
discount
cash
bank
D.
Bank Reconciliation
cheque
cash
Discount allowed is on the ------------ side of the cash book. (Choose between the 2 answers in the bucket
Discount received is on the ----------- of the cash book. (choose between the 2 answers in the bucket)
We record details of all money coming in to the business in the receipts side of the cash book
agree
disagree
not sure
answer not given
The debit side of the cashbook is for Receipts and the Credit side is for Payments
false
true
both are correct
unknow
Cash discount is allowed on _______ repayment of debt
A.
Provision for bad debts
B.
Lump sum
C.
Actual
D.
Prompt
The most common imprest system is the ________ system
cash receipts
discount
cash book
petty cash
Discount received is recorded on which of the following side of a cash book?
A.
Receipts
B.
Incomes
c.
Payments
D.
D. Expenditures
A.
Electronic funds transfer at point of sale
B.
ATM
C.
Payment machine
D.
POS.T
I can't wait for these accounting topics to be over
AGREE
STRONGLY AGREE
DISAGREE
NOT SURE
