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Vidaara.orgClass 11 · Mathematics
CodeVID-M11-WS
Cash Book — Practice Worksheet
Chapter: Cash Book
Topic: Cash Book
Maximum Marks: 35
Time: 30 minutes
Name: ____________________ Roll No.: __________ Date: ____________

General Instructions

  • All questions are compulsory.
  • Choose the correct option (A, B, C or D) for each question.
  • The answer key is at the end — try the paper first!
Section A — Multiple Choice (1 mark each) 15 × 1 = 15 marks
1.
The cash book is:
  • A.Only a journal
  • B.Only a ledger
  • C.Both a journal and a ledger
  • D.A source document
2.
Receipts are recorded on the ____ side of the cash book.
  • A.Credit
  • B.Debit
  • C.Either
  • D.Bank only
3.
The cash book can never show a:
  • A.Debit balance
  • B.Credit balance
  • C.Nil balance
  • D.Opening balance
4.
A single column cash book records only:
  • A.Bank transactions
  • B.Cash transactions
  • C.Discount
  • D.Credit sales
5.
A double column cash book commonly has columns for cash and:
  • A.Stock
  • B.Bank
  • C.Capital
  • D.Sales
6.
A triple column cash book has columns for:
  • A.Cash, bank and capital
  • B.Discount, cash and bank
  • C.Sales, purchases and cash
  • D.Cash, stock and bank
7.
Discount allowed appears in the discount column on the ____ side.
  • A.Credit
  • B.Debit
  • C.Bank
  • D.Neither
8.
Discount received appears on the ____ side.
  • A.Debit
  • B.Credit
  • C.Cash
  • D.Neither
9.
The discount columns of a cash book are:
  • A.Balanced
  • B.Only totalled
  • C.Ignored
  • D.Carried down
10.
Cash deposited into the bank is an example of a:
  • A.Contra entry
  • B.Credit sale
  • C.Opening entry
  • D.Closing entry
11.
A contra entry is marked with the letter:
  • A.B
  • B.C
  • C.P
  • D.T
12.
A contra entry needs ____ posting to the ledger.
  • A.Double
  • B.No further
  • C.Triple
  • D.Reverse
13.
Small day-to-day expenses are recorded in the:
  • A.Journal proper
  • B.Petty cash book
  • C.Sales book
  • D.Ledger
14.
Under the imprest system, the petty cashier is reimbursed:
  • A.A fixed amount regardless of spending
  • B.Exactly the amount spent
  • C.Nothing
  • D.Double the imprest
15.
The petty cash book usually uses an ____ format.
  • A.Analytical (columnar)
  • B.Single line
  • C.Random
  • D.Reverse
Section B — Challenge / Olympiad (2 marks each) 10 × 2 = 20 marks
16.
A firm receives a cheque from a customer and deposits it the same day. In a triple column cash book it is recorded in the:
  • A.Bank column, debit side
  • B.Cash column, debit side
  • C.Bank column, credit side
  • D.Discount column
17.
Received Rs 4,900 from Anil in full settlement of Rs 5,000 by cheque. The cash book records:
  • A.Bank 4,900 (Dr) and discount allowed 100 (Dr)
  • B.Cash 5,000 (Dr)
  • C.Bank 5,000 (Dr) and discount 100 (Cr)
  • D.Bank 4,900 (Cr)
18.
Why does a contra entry require NO posting to the ledger?
  • A.Both the debit and credit are already inside the cash book
  • B.It is too small
  • C.It is a credit sale
  • D.It is an error
19.
Cash withdrawn from the bank for OFFICE use is a contra entry, but cash withdrawn for the OWNER'S personal use is:
  • A.Drawings — not a contra entry
  • B.Also a contra entry
  • C.A discount
  • D.Not recorded
20.
At month-end the discount-allowed column totals Rs 600. This Rs 600 is:
  • A.Posted to the debit of Discount Allowed A/c
  • B.Posted to the credit of Discount Received A/c
  • C.Balanced and carried down
  • D.Added to cash
21.
The imprest amount is Rs 3,000. During the month the petty cashier spends Rs 2,450. The closing petty cash balance before reimbursement is:
  • A.Rs 550
  • B.Rs 3,000
  • C.Rs 2,450
  • D.Nil
22.
The chief advantage of the imprest system is that it:
  • A.Controls petty spending and keeps the float fixed and vouched
  • B.Increases profit
  • C.Removes the need for vouchers
  • D.Lets the cashier hold unlimited cash
23.
A cheque received earlier is dishonoured by the bank. In the cash book this is recorded by:
  • A.Entering it on the credit (payment) side of the bank column
  • B.The debit side of cash
  • C.The discount column
  • D.Ignoring it
24.
Why is a separate cash account NOT opened in the ledger when a cash book is kept?
  • A.The cash book itself serves as the cash account
  • B.Cash is unimportant
  • C.It is illegal
  • D.Cash has no balance
25.
In the analytical petty cash book, the analysis columns are totalled and:
  • A.Each total posted to its respective expense account
  • B.All posted to cash
  • C.Posted to capital
  • D.Left unposted

Answer Key

Section A — Multiple Choice (1 mark each)
  1. (C) Both a journal and a ledger
  2. (B) Debit
  3. (B) Credit balance
  4. (B) Cash transactions
  5. (B) Bank
  6. (B) Discount, cash and bank
  7. (B) Debit
  8. (B) Credit
  9. (B) Only totalled
  10. (A) Contra entry
  11. (B) C
  12. (B) No further
  13. (B) Petty cash book
  14. (B) Exactly the amount spent
  15. (A) Analytical (columnar)
Section B — Challenge / Olympiad (2 marks each)
  1. (A) Bank column, debit side
  2. (A) Bank 4,900 (Dr) and discount allowed 100 (Dr)
  3. (A) Both the debit and credit are already inside the cash book
  4. (A) Drawings — not a contra entry
  5. (A) Posted to the debit of Discount Allowed A/c
  6. (A) Rs 550
  7. (A) Controls petty spending and keeps the float fixed and vouched
  8. (A) Entering it on the credit (payment) side of the bank column
  9. (A) The cash book itself serves as the cash account
  10. (A) Each total posted to its respective expense account
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