Recording of Transactions Class 11 MCQ | Accountancy Quiz for Class 11 and Other Competitive Exams
Recording of Transactions Class 11 MCQ: Check the below NCERT MCQ Questions for Accountancy Recording of Transactions Class 11 MCQ with Answers Pdf free download. Recording of Transactions Class 11 MCQ Questions for Accountancy with Answers were prepared based on the latest exam pattern. We have provided Recording of Transactions Class 11Questions with Answers to help students understand the concept very well.
Recording of Transactions Class 11 MCQ
1. Credit purchase of furniture shall be recorded in- (b) Journal book
(a) Purchase book
(b) Journal book
(c) Cash book
(d) None of these
2. Who prepares a debit note ? (b) Purchaser
(a) Seller
(b) Purchaser
(c) Cashier
(d) None of these
3. Return of goods by a customer is recorded in- (c) Sales return book
(a) Purchase book
(b) Sales book
(c) Sales return book
(d) Purchase return book
4. The balance of good’s Account is transferred to – (b) Trading Account
(a) Profit and loss Account
(b) Trading Account
(c) Balance sheet
(d) None of these
5. How many columns are there in a Ledger (in one side) – (b) Four
(a) Six
(b) Four
(c) Five
(d) Seven