Question

Cash –book records-
2 points
a) Only cash transactions
b) Only credit transactions
c) Cash and credit transactions
d) None of these
2. The balance of cash- book is always-
2 points
a) Debit
b) Credit
c) Debit or credit
d) None of these
3. The cash- book maintained to record the petty expenses is called-
2 points
a) Ordinary cash- book
b) Petty cash-book
c) Triple column cash-book
d) Double column cash-book
4. The entry which is passed and recorded in both sides of a Triple Column Cash- book to give effect to the cash and bank column is called-
2 points
a) Compound entry
b) Contra entry
c) Journal entry
d) None of these
5. Balance in the petty cash book is-
2 points
an expense
a profit
an asset
income
6.When a firm maintains two column cash book, it does not maintain-
2 points
purchase book
journal proper
sales book
bank and cash account in the ledger
7. Which of the following is not recorded in the cash book-
2 points
credit sales
cash receipts
cash payment
opening cash balance
8.Contra entries on the debit side of the cash book are posted to-
2 points
debit of bank account in the ledger
debit of cash account in the ledger
credit of cash account in the ledger
not posted in the ledger
9.Which of the following is both a book of journal and ledger-
2 points
cash book
general journal
purchase journal
sales journal
10.Simple petty cash book is like a-
2 points
cashbook
statement
journal
none of these​

Answer 1

Answer:

1) cash and credit transaction

2) debit

please mark me as the brainliest