Recording of Transactions - II
Manipur Board · Class 11 · Accountancy
Practice quiz for Recording of Transactions - II — Manipur Board Class 11 Accountancy. MCQs and questions with answers to test your preparation.
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Quick Quiz: Recording of Transactions - II
0/4Tap an answer to check it instantly. No sign-up needed for these 4.
What is the primary purpose of a cash book?
In which book are credit purchases of goods recorded?
What is the Imprest system in petty cash management?
Where are cash sales typically recorded?
Sample Questions
What is the purpose of a Journal Proper?
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Record transactions not covered in special journals
Journal Proper is used for transactions that cannot be recorded in specialized journals like sales or purchases books.
What does a double column cash book record?
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Cash and bank transactions
A double column cash book records both cash and bank transactions in separate columns.
In which book are credit sales recorded?
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Sales Journal Book
Credit sales are systematically recorded in the Sales Journal Book.
What does a purchases return book record?
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Return of merchandise purchased on credit
A purchases return book specifically records goods returned to suppliers on credit.
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