Chapter-4 ➤ Recording of Transactions 2 1. The amount brought into the business by the proprietor should be credited to …………….. Cash account Drawings account Capital account Suspense account 2. Imprest amount Rs.5,000. What will be the amount of re-imbursement if following expenses were incurred by the petty cashier during the month — Wages = Rs. 1,450, Tiffin = Rs. 1,050, small Repairs = Rs.500, General expenses = Rs.400. Rs. 1,600 Rs.3,400 Rs.3,050 Rs.3,000 3. The first step in accounting process is Measurement Classification Identification Recording 4. The Sales Book is a part of the Ledger. is a part of the Balance Sheet. is a part of the Journal. is a part of the Trial Balance. 5. ‘Drawings’ falls under which account- Personal account Real account Nominal account None of these 6. Mohit paid Rs. 9,800 in settlement of his account of Rs. 10,000. Discount Allowed will be recorded in Cash Book. Journal Book. Both Cash Book and Journal. Petty Cash Book. 7. Which is not a service : Hair cutting Transport Book Recreation 8. Which is not contra entry in the cash book Cash deposited into bank Cash withdrawn from bank Cash withdrawn from bank for personal use None of these 9. If Ram has sold goods for cash to Param, the entry will be recorded in the Cash Book. Sales Book. Journal Proper. Petty Cash Book. 10. Deposit of cash in bank is recorded in Debit of Cash Column and Credit of Bank Column. Debit of Cash Column and also Credit of Cash Column. Debit of Bank Column and also Credit of Bank Column. Debit of Bank Column and Credit of Cash Column. Loading … Question 1 of 10
