Worksheets › Class 11 › Recording of Transactions – II
Class 11 Recording of Transactions – II worksheet
CBSE Accountancy. Single and double column cash books, contra entries, petty cash on the imprest system, purchases, sales and return books, journal proper and balancing accounts. Every sheet has 20 questions in three sections and an answer key, and the numbers change every time.
Sample questions
Real questions from this chapter, as the app sets them. Tap Answer to see the answer and working.
Section A · multiple choice
- 1.
The cash book is both a book of original entry and a:
- balance sheet
- voucher
- trial balance
- ledger account
Answer
(d) ledger account
- 2.
In which book is this first recorded: goods returned by a customer?
- sales return book
- petty cash book
- journal proper
- cash book
Answer
(a) sales return book
- 3.
A cash book opens with ₹17,000. Then: Received cash from Asha ₹25,000; Paid wages in cash ₹4,500; Paid rent in cash ₹11,000; Cash sales ₹6,500. What is the closing cash balance?
- ₹32,000
- ₹64,000
- ₹33,000
- ₹83,000
Answer
(c) ₹33,000
₹17,000 + receipts − payments = ₹33,000
Section B · short answer
- 4.
What is a cash book?
Answer
A book in which all cash receipts and payments are recorded in date order; it is a book of original entry and also the cash account.
- 5.
In which book is each first recorded? (a) the opening entry at the start of the year (b) goods returned by a customer
Answer
(a) journal proper (b) sales return book
Section C · long answer
- 6.
Explain the advantages of special purpose books.
Answer
Work is divided among staff, entries are made faster, similar transactions are grouped, posting is easier (totals are posted), errors and fraud are easier to find.
Fresh sheets for your child
In the app, every Recording of Transactions – II sheet is new: the app remembers the questions your child has already had and leaves them out. Print the sheet as a PDF, or use notebook mode and write the answers in a notebook.
Coming soon for Android and iPhone.