Introducing Cash book - JSS2 Business studies Past Questions and Answers - page 1
What is a cash book?
A book for recording only bank transactions
A book for recording all cash transactions
A book for recording only sales transactions
A book for recording only purchase transactions
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Which type of cash book contains only one column on each side?
Single column cash book
Two column cash book
Three column cash book
Four column cash book
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How many columns are there in a two column cash book?
One
Two
Three
Four
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What is recorded in the bank column of a cash book?
Bank transactions
Cash transactions
Discount transactions
Purchase transactions
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Which column in a cash book records discounts given or received?
Cash column
Bank column
Discount column
Purchase column
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What is the purpose of the cash column in a cash book?
To record bank transactions
To record discount transactions
To record cash receipts and payments
To record purchase transactions
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In a three column cash book, what is the third column typically used for?
Bank transactions
Cash transactions
Discount transactions
Purchase transactions
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How is the opening balance recorded in a cash book?
At the end of the accounting period
In the middle of the accounting period
At the beginning of the accounting period
It is not recorded
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What is the final step in preparing a cash book?
Balancing
Recording transactions
Opening balance
Reconciliation
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Where are the entries from the cash book posted?
To the general journal
To the general ledger
To the trial balance
To the income statement
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