Cash Book MCQs 2026

Single column cash book in accounting refers to

1. Aentry appearing on both debit and credit sides of cash book✓
2. Bcolumn tracking bank deposits and withdrawals✓
3. Cdocument supporting cash inflow✓
4. Drecords cash receipts and payments only✓

Double column cash book in accounting refers to

1. Arecords cash and discount columns✓
2. Breduction offered for prompt payment✓
3. Cfixed float replenished to original amount✓
4. Ddocument supporting cash outflow✓

Petty cash book in accounting refers to

1. Acolumn tracking bank deposits and withdrawals✓
2. Bdocument supporting cash inflow✓
3. Ccash on hand per books at a date✓
4. Drecords small incidental payments✓

Contra entry in accounting refers to

1. Afixed float replenished to original amount✓
2. Bdocument supporting cash outflow✓
3. Centry appearing on both debit and credit sides of cash book✓
4. Drecords cash receipts and payments only✓

Cash discount in accounting refers to

1. Areduction offered for prompt payment✓
2. Bdocument supporting cash inflow✓
3. Ccash on hand per books at a date✓
4. Drecords cash and discount columns✓

Bank column in accounting refers to

1. Adocument supporting cash outflow✓
2. Brecords cash receipts and payments only✓
3. Ccolumn tracking bank deposits and withdrawals✓
4. Drecords small incidental payments✓

Imprest system in accounting refers to

1. Acash on hand per books at a date✓
2. Bfixed float replenished to original amount✓
3. Crecords cash and discount columns✓
4. Dentry appearing on both debit and credit sides of cash book✓

Cash receipt voucher in accounting refers to

1. Arecords cash receipts and payments only✓
2. Brecords small incidental payments✓
3. Cdocument supporting cash inflow✓
4. Dreduction offered for prompt payment✓

Payment voucher in accounting refers to

1. Arecords cash and discount columns✓
2. Bentry appearing on both debit and credit sides of cash book✓
3. Ccolumn tracking bank deposits and withdrawals✓
4. Ddocument supporting cash outflow✓

Cash balance in accounting refers to

1. Acash on hand per books at a date✓
2. Brecords small incidental payments✓
3. Creduction offered for prompt payment✓
4. Dfixed float replenished to original amount✓

Cash book scenario 16: a Pakistani retail shop must correctly handle reconciliation procedure

1. Acompare independent records and explain differences✓
2. Bignore the transaction until next fiscal year✓
3. Crecord only one side of the entry✓
4. Dpost directly to retained earnings without analysis✓

Cash book scenario 67: a Pakistani retail shop must correctly handle internal control step

1. Asegregation of duties and authorization before recording✓
2. Bignore the transaction until next fiscal year✓
3. Crecord only one side of the entry✓
4. Dpost directly to retained earnings without analysis✓