MCQS on Cashbook|JKSSB| ACCOUNTANCY,CLASS 11TH ,FAA

MCQS on Cashbook|JKSSB| ACCOUNTANCY,CLASS 11TH ,FAA

Accounting Cashbook Quiz Mcqs on Cashbook 1. Which of the following is not a type of cashbook? a) Single column cashbook b) Double column cashbook c) Triple column cashbook d) Octuple column cashbook Correct Answer: d) Octuple column cashbook Accounting recognizes Single, Double, Triple, and Petty cashbooks. “Octuple” (8 columns) is not a standard type. … Read more

Mcqs on Accounting Equation |JKSSB|| FAA|

Accounting Equation Mcqs |JKSSB|| FAA|

 MCQS ON ACCOUNTING EQUATION 1. The accounting equation is: a) Assets = Liabilities + Owner’s Equity b) Assets + Liabilities = Owner’s Equity c) Liabilities + Owner’s Equity = Assets d) Liabilities = Assets + Owner’s Equity Show Answer Explanation The correct answer is a) Assets = Liabilities + Owner’s Equity. 2. Which of the … Read more

Mcqs on Bank reconciliation statement

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1.Bank Reconciliation Statement is prepared 1. To compare the Cash Book with Pass Book and ascertain the differences 2. To know the errors in the Pass Book. 3.To know the payments made through cheques. 4.None of the Above 2.Which of the following a credit balance in the cash book indicates? 1.Cash in hand 2.The account … Read more