CBSE Class 11 Recording of Transactions 2 Multiple Choice Questions with Answers. MCQ Questions Class 11 Recording of Transactions 2 with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Recording of Transactions 2 with Answers to know their preparation level.
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MCQ Questions Class 11 Recording of Transactions 2 with Answers - Set - 5
Question 1:
Which of the following is both a book of Journal and Ledger?
(a) Cash Book
(b) General Journal
(c) Purchases Journal
(d) Sales Journal
Correct Answer – (A)
Question 2:
DTH services are provided by :
(a) Transport companies
(b) Bank
(c) Cellular companies
(d) None of these
Correct Answer – (A)
Question 3:
On 1st May 2020, cash book bank overdraft balance was Rs.2,000. On depositing Rs. 10,000 into bank and giving a cheque of Rs.7,200 for rent, the balance will be :
(a) Rs.4,800 Dr.
(b) Rs.4,800 Cr.
(c)Rs.800 Dr.
(d) Rs.800 Cr.
Correct Answer – (C)
Question 4:
Which of the following is not recorded in cash book :
(a) Trade Discount
(b) Bad Debts
(c) Credit Purchases
(d) All of the above
Correct Answer – (D)
Question 5:
The process of transferring the debit and credit items from journal to ledger accounts is called _____________ .
(a) Casting
(b) Posting
(c) Journalising
(d) Balancing
Correct Answer – (B)
MCQ Questions Class 11 Recording of Transactions 2 With Answers
Question 6:
Goods purchased for cash are recorded in the
(a) Purchases Book.
(b) Cash Book.
(c) Purchases Return Book.
(d) Cash Book and Purchases Book.
Correct Answer – (B)
Question 7:
Imprest amount Rs.5,000. What will be the amount of re-imbursement if following expenses were incurred by the petty cashier during the month — Wages = Rs. 1,450, Tiffin = Rs. 1,050, small Repairs = Rs.500, General expenses = Rs.400.
(a) Rs. 1,600
(b) Rs.3,400
(c) Rs.3,050
(d) Rs.3,000
Correct Answer – (B)
Question 8:
Goods are stored in :
(a) Warehouses
(b) Keeping in open
(c) Buildings
(d) None of these
Correct Answer – (A)
Question 9:
It is included in the public collection :
(a) Control
(b) Flexibility
(c) Both (a) and (b)
(d) None of these
Correct Answer – (C)
Question 10:
If Ram has sold goods for cash to Param, the entry will be recorded in the
(a) Cash Book.
(b) Sales Book.
(c) Journal Proper.
(d) Petty Cash Book.
