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NTS - NAT ICOM Test - Accounting - Cash Book - Quiz 1

Practice 10 high yield MCQs on Accounting from Chapter Cash Book for NAT ICOM Test. After submission, get instant results with correct answers and detailed explanations. This is Quiz 1 of the series.

1. What is a cash book?



2. What type of cash book records only cash transactions?



3. What type of cash book records cash and bank transactions?



4. What type of cash book records cash, bank, and discount?



5. What is a petty cash book used for?



6. What system is used in petty cash to maintain a constant balance?



7. How are receipts and payments recorded in a cash book?



8. What is a transaction affecting both cash and bank called?



9. How is the cash book balance used?



10. Where are bank charges recorded in the cash book?



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Instructions: Select one answer per question. After submitting, you will see your score, correct answers, and explanations.

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