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Jamb Accounts - Principles of Accounts Past QuestionsJamb Past Questions and Answers on Columnar cashbooksQuestion 11:In a three-column cash book, dishonored cheques will be shown on the A. Bank column (debit) B. Bank column(credit) C. Cash column(debit) D. Cash column(credit) Question 12:1. Cash sales 11. Cash purchases 111. Cash discount allowed 1V. Cash payment V. Cash receipts Which of the following are recorded on the debit side of the cash book A. 1 and 11 B. 1 and 111 C. 1 and V D. 1 and 1V Question 13:A book of account that possesses the features of both day book and ledger is A. Sales day book B. Cash book C. Purchases day book D. Returns day book Question 14:A double entry for a transaction that offsets one amount against another on both sides of the cashbook is a A. Original entry B. Contra entry C. Prime entry D. Contract entry Question 15:The use of a three column cash book is determined by A. Cash discount B. Trade discount C. Cash transaction D. Bank transaction |
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