CBSE  /  Class 11  /  Accountancy  /  Recording of Transactions 2

  • 1. 
    The first book of original entry is-

  • Journal
  • Ledger
  • Trial Balance

  • 2. 
    ‘Drawings’ falls under which account-

  • Personal account
  • Real account
  • Nominal account
  • None of these.

  • 3. 
    Income tax is treated as-

  • Business Expense
  • Direct Expense
  • Personal Expense
  • Indirect Expense.

  • 4. 
    A cheque on which two parallel lines are drawn in the left top corner is called –

  • Bearer cheque
  • Traveller’s cheque
  • Account payee cheque
  • None of these.

  • 5. 
    Cash purchase of goods is recorded in-

  • Purchase book
  • Sales book
  • Cash – book
  • None of these.

  • 6. 
    Credit purchase of furniture shall be recorded in-

  • Purchase book
  • Journal book
  • Cash – book
  • None of these.

  • 7. 
    Who prepares a debit note-

  • Seller
  • Purchaser
  • Cashier
  • None of these.

  • 8. 
    Return of goods by a customer is recorded in-

  • Purchase book
  • Sales book
  • Sales return book
  • Purchase return book.
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