CBSE Class 11 Accountancy Cash Book Assignment

CBSE Class 11 Accountancy Chapter 4 Cash Book MCQs

Question. When a firm maintains cash book it need not to maintain:
a. Journal proper
b. Purchases book
c. Sales book
d. Cash &Bank A/c in ledger
Answer. D

Question. A person who is responsible for recording transactions in a petty cash book is known as:
a. General cashier
b. Petty cashier
c. Additional cashier
d. Counter cashier
Answer. B

Question. A cheque received and deposited on same day will be recorded in cash book in:
a. Cash column on debit side
b. Cash column on credit side
c. Bank column on debit side
d. Bank column on credit side
Answer. C

Question. The source document for making entries in the return inward book is:
a. Cheque counterfoil
b. Credit note
c. Debit note
d. Purchase invoice
Answer. B

Question. When debit as well as credit aspects of a transaction are recorded in a cash book , it is called _______
a. Compound entry
b. Closing entry
c. Contra entry
d. Opening entry
Answer. C

Question. Purchase book is used to record:
a. Cash purchase of goods
b. Credit purchases of goods
c. Credit purchase of assets
d. Cash purchase of assets
Answer. B

Question. Purchase Return Book is also known as:
a. Returns Outward Book
b. Returns Inward book
c. Invoice Book
d. Journal Proper
Answer. A

Question. The total of Sales book is posted to:
a. Credit side of customer’s account
b. Credit side of purchases account
c. Credit side of sales account
d. Credit side of capital account
Answer. C

Question. If nature of cash balance is not mentioned in cash book then it will be :
a. Credit balance
b. Overdraft balance
c. Debit balance
d. None of these
Answer. C

Question. The credit side of cash book is also known as :
a. Receipt side
b. Profit side
c. Loss side
d. Payment side
Answer. D

Question. Opening entry is recorded in :
a. Journal proper
b. Cash book
c. Sales book
d. Purchases book
Answer. A

Question. The word ‘C’ which stands for contra, is written on both sides in _______ column.
a. Voucher number
b. Ledger folio
c. Bank
d. Particulars
Answer. B

CBSE Class 11 Accountancy Chapter 4 Cash Book Fill in The Blanks

Question. Cash book is also known as book of ____________.
Answer. Prime entry

Question. Credit purchases of goods are recorded in _______________.
Answer. Purchases book

Question. Cash and bank transactions are recorded in the cash book in ____________ order.
Answer. chronological

Question. Cash book is both __________ and _______________ book.
Answer. Subsidiary, principal

Question. Cash book doesn’t record _______________ transactions.
Answer. non-cash

Question. When a firm avails a bank service it has to pay charges for service called ______________.
Answer. bank charges

Question. Cash discount allowed and received is recorded by the way of _________ entry.
Answer. journal

Question. A two- column cash book is based on __________ aspect of accounting.
Answer. dual

Question. Paying advance in the beginning and re-imbursing the amount spent is _____________ system of cash book.
Answer. imprest

Question. Transactions which cannot be recorded in other subsidiary books are recorded in ___________.
Answer. journal proper

Question. Increase in assets is ______________ and decrease in liabilities in _____________.
Answer. debited, debited

Question. Provision for doubtful debt created @5% on debtors will be recorded in ______________ book.
Answer. journal proper

CBSE Class 11 Accountancy Chapter 4 Cash Book True And False

1. Books of original entry are called Subsidiary books. (True)
2. Single column cash book can have credit balance. (False)
3. Non cash transactions are recorded in cash books. (False)
4. In the cash book, transactions are not recorded in chronological order. (False)
5. Cash book is a journalized ledger. (True)
6. Two column Cash book also records cash discount allowed and received. (False)
7. The form filled for depositing cash/cheques in the bank is called Pay-in-slip. (True)
8. Purchase book records cash as well as credit purchases. (False)
9. Purchase return book is also known as return outwards book. (True)
10. The source document for recording entries in the sale return book is a debit note. (False)
11. The total of sale return book is posted to profit and loss account. (False)
12. The petty Cash book is used to record large cash payments. (False)

CBSE Class 11 Accountancy Chapter 4 Cash Book Match The Following

Question. Match with the suitable subsidiary books   
I Receipts and payments of cash                      a. Purchases book
II Return of credit sales made by customers     b. Sales book
                                                                          c. Sales returns book
                                                                          d. Cash book
Answer. I d ; II c

Question. Match with the suitable document:
I Document evidencing that a credit       a. Debit note
transaction has been made. 
II Document supporting a transaction     b. Voucher Number
                                                                c. Credit note
Answer. I C ; II b

Question. Match with proper subsidiary book:
I It doesn’t record non cash transaction    a. Journal proper
II Sales Book is a part of                           b. Cash Book
                                                                  c. Journal
Answer. I a II c

Question.Match with suitable option:
I Drawing more out of bank then the        a. Contra Entry
available balance
II withdrawal of cash from bank                b. Opening Entry
                                                                 c. Overdraft
Answer. I c II a

Question. Match with relevant option :
I Expenses involving small amount       a. Journal proper
II Those transaction which are not        b. Cash Book
recorded in any subsidiary book
                                                              c. Petty Cash Book
Answer. I c II a

Prepare a cash book with cash & bank columns. Jan, 2010

1. Cash in hand Rs.50, 000 and Bank overdraft Rs.10,000.

2. Cash sales Rs.20, 000.

3. Deposited into bank Rs.15, 000.

4. Purchased goods for cash Rs.10, 000.

5. Paid trade expenses by cheque Rs.5, 000.

6. Discounted a B/E of Rs.2, 000 with bank at a discount of 2%.

7. Ramesh who owed us Rs.5, 000 became bankrupt and paid us 60 paisa in a rupee.

8. Withdrew from bank Rs.1, 000.

9. Received a cheque of Rs.4, 000 from Rajesh.

10. Rajesh’s cheque deposited into bank.

11. Honoured our own acceptance of Rs.5, 000.

12. Received a cheque of Rs.12, 000 from Shiva.

13. Shiva’s cheque endorsed in favour of Vishay.