CBSE Questions for Class 9 Elements Of Book Keeping And Accountancy Recording And Posting Of Cash Transactions Quiz 9 - MCQExams.com

_________ will not be recorded in cash book
  • Depreciation
  • Rent paid
  • BR discounted
  • Cash discount allowed
Contra entries are passed only when ____________.
  • double-column cash book is prepared
  • three-column cash book is prepared
  • simple cash book is prepared
  • all of these
Which of the following statements is/are true?
(i) Cash book records all cash receipts and cash payments.
(ii) Cash book records all sale and purchase transactions of goods both in cash and on credit.
(iii) Cash book records discount on cash payments
Select the correct answer from the options given below :-
  • Only (i) of the above
  • Only (ii) of the above
  • Only (iii) of the above
  • Both (i) and (iii) of the above
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