WorksheetsThree Column Cash Book
Total questions: 10
Worksheet time: 5mins
Cash book is a form of:
(a) Trial Balance
(b) Ledger
(c) Journal
(d) All of the above
If the debit and credit aspects of a transaction are recorded in the cash Book it is a:
(a) Contra entry
(b) Simple entry
(c) Double entry
(d) Single entry
Cheques received but deposited on the next day are recorded in:
(a) Cash column of the cash book
(b) Bank column of the cash book
(c) Both of these
(d) None of these
Double entry in Cash Book is completed when:
(a) Salaries are paid by cheque
(b) Withdrawal of money from bank for personal use
(c) Deposited cash into bank
(d) None of these
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
Where two aspects of a transaction are posted in the Cash Book, such an entry is called.
(a) Double Entry
(b) Debit Entry
(c) Credit Entry
(d) Contra Entry
The Balance on the debit side of the bank column in Cash Book indicates
(a) Total amount withdrawn from the Bank
(b) Total amount deposited in the Bank
(c) Cash at Bank
(d) Bank Overdraft
The Balance on the debit side of the bank column in Cash Book indicates
(a) Total amount withdrawn from the Bank
(b) Total amount deposited in the Bank
(c) Cash at Bank
(d) Bank Overdraft
While balancing three column cash book, the discount column are:
(a) Totaled but not adjusted
(b) Totaled and also adjusted
(c) Totaled but not balanced
(d) Balanced but not totaled
While balancing three column cash book, the discount column are:
(a) Totaled but not adjusted
(b) Totaled and also adjusted
(c) Totaled but not balanced
(d) Balanced but not totaled
