Select the most appropriate answers from the alternatives given below and rewrite the sentence:

i. Cash column of Cash Book can never have ______balance. 

(a) credit 

(b) debit 

(c) zero 

(d) none of the above

ii. Any entry recorded on both sides of Cash Book is known as _______entry. 

(a) opening 

(b) rectifying 

(c) transfer 

(d) contra

iii. The source document for recording in Sales book is ________

(a) Inward Invoice 

(b) Outward Invoice 

(c) Voucher 

(d) Cash Memo

iv. Credit purchase of Machinery is recorded in the ________

(a) Purchase Book 

(b) Cash Book 

(c) Journal Proper 

(d) Returns Outward Book

v. Sub-division of journal is known as ____________ book. 

(a) Subsidiary 

(b) Purchase Return 

(c) Purchase 

(d) Journal Proper

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1 Answers

i. (a) credit

ii. (d) contra

iii. (b) Outward Invoice

iv. (c) Journal Proper

v. (a) Subsidiary

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