1. Name the transaction that is recorded in both sides of Cash book simultaneously.

2. Which of the following is entered in cash – book-

3. How many columns are there in a Ledger (in one side)

4. Which of the following account will be credited on giving cash donations?

5. Which account will be debited in case wages are paid for installation of machinery?

6. The following account has a debit balance

7. Withdrawal of cash from business by the proprietor is credited to

8. A credit balance in Bank column of cash book indicates

9. Amount withdrawn by proprietor for personal use will … Cash and Capital.

10. Which account will be debited in case wages are paid for installation of machinery?

11. The Sales Book is a part of:

12. The process of recording a business transaction in the journal is called

13. All the indirect expenses are closed to

14. Payment to a creditor means

15. What statement is used while closing a Drawing Account-

16. If a film borrows a sum of money, there will be

17. The balance of good’s Account is transferred to-

18. Journal is a book of in accounting

19. Journal proper includes entries related to

20. The cash – book meant for recording petty expenses is called –