Cash Book MCQs

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Written by True Tamplin, BSc, CEPF®

Reviewed by Subject Matter Experts

Updated on March 26, 2023

Take this quick test on the cash book to help you prepare for your exams and interviews.

If you find it difficult to answer any of these multiple choice questions (MCQs), read more about the cash book first and complete the MCQ test afterward.

1. A double column cash book has two money columns for the following purposes:
2. Contra entries are recorded in:
3. Office cash deposited into the bank is recorded in the cash book on:
4. Cash discount allowed is recorded on the:
5. Cash withdrawn from bank for office use is recorded in the cash book on:
6. Cash withdrawn from the bank for the owner's personal use is recorded in the cash book on:
7. The cash book is meant for recording:
8. Cash sales are recorded in:
9. The petty cash book is used to record:
10. In the case of cash book, if the nature of the balance is not mentioned, then it will be:

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About the Author

True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website or view his author profiles on Amazon, Nasdaq and Forbes.