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4 Cards in this Set
- Front
- Back
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Q1 - Which of the following would be recorded in the purchase day book? a - Discount received b - purchase invoices c - Trade discounts d - credit notes received |
Answer 1 - B |
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Q2 - Which one of the following is not a book of prime entry a - the petty cash book b - The sales returns day book c - The sales ledger d - The cash book |
Answer 2 - C |
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Q3 A Book of prime entry is one in which a - The rules of double entry bookkeeping do not apply b - ledger accounts are maintained c - Transactions are entered prior to being recorded in the ledger account d - Subsidiary account are kept |
Answer 3 - C |
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Q4 - Which of the following are not books are prime entry? a - journal b - the sales returns day book c - the purchase ledger d - the cash book e - the petty cash book f - sales ledger g - purchase day book h - sales day book |
Answer 4 - C & F |
