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-
(a) Purchase book
(b) Journal book
(c) Cash book
(d) None of these

View Answer

(b) Journal book


2. Who prepares a debit note ?
(a) Seller
(b) Purchaser
(c) Cashier
(d) None of these

View Answer

(b) Purchaser

3. Return of goods by a customer is recorded in-
(a) Purchase book
(b) Sales book
(c) Sales return book
(d) Purchase return book

View Answer

(c) Sales return book

4. The balance of good’s Account is transferred to –
(a) Profit and loss Account
(b) Trading Account
(c) Balance sheet
(d) None of these

View Answer

(b) Trading Account

5. How many columns are there in a Ledger (in one side) –
(a) Six
(b) Four
(c) Five
(d) Seven

View Answer

(b) Four


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