Columnar Cashbooks - Accountsprinciplesofaccounts Jamb Past Questions and Answers

Question 11 :

• JAMB 2012

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 :

• JAMB 2014

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 :

• JAMB 2014

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 :

• JAMB 2017

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 :

• JAMB 2017

The use of a three column cash book is determined by

A. Cash discount
B. Trade discount
C. Cash transaction
D. Bank transaction