MCQS of Origin of Transactions – Source Documents and Preparation of Vouchers Class 11 with answers
MCQS of Origin of Transactions – Source Documents and Preparation of Vouchers Class 11with answers for CBSE, ISC and State Boards
MCQs of Origin of Transactions – Source Documents of Accountancy Chapter Class 11 with answers for CBSE, ISC and Other State Boards
Voucher is prepared for
(a) cash received and paid
(b) cash and credit sales
(c) cash and credit purchase
(d) All of these
Ans – (d)
Voucher is prepared from
(a) documentary evidence
(b) Journal entry
(c) ledger account
(d) All of these
Ans – (a)
Voucher is prepared for
(a) Cash received and paid
(b) Cash/Credit sales
(c) Cash/credit purchase
(d) All of the above
Ans – (d)
Voucher is prepared from:
(a) Journal Entry
(b) Ledger Account
(c) Source Documents
(d) All of the above
Ans – (c)
Cash memo is prepared when goods are sold
(a) on credit
(b) on cash
(c) Both (a) and (b)
(d) None of these
Ans – (b)
Cash memo is a source voucher for purchaser of goods
(a) for cash purchases
(b) for credit purchases
(c) for credit sales
(d) for cash sales
Ans – (a)
Invoice is a source voucher for seller of goods
(a) for cash sales
(b) for credit purchase
(c) for credit sales
(d) for cash purchases
Ans – (c)
Source Documents of Accounting are:
(a) Cash Memo
(b) Invoice and Bills
(c) Cheque
(d) All of the above
Ans – (d)
Pick out a source voucher/document from the following:
(a) Debit Voucher
(b) Credit Voucher
(c) Transfer Voucher
(d) Invoice
Ans – (d)
Invoice is a source voucher for purchaser of goods
(a) for cash purchases
(b) for cash sales
(c) for credit sales
(d) for credit purchases
Ans – (d)
Accounting voucher is prepared from
(a) source voucher
(b) Journal entry
(c) Both (a) and (b)
(d) None of these
Ans – (a)
When a trader sells goods on credit, he prepares _ which contains the name of the party to whom goods are sold, the rate, quantity and the total amount of sale.
(a) Cash memo
(b) Invoice
(c) Debit note
(d) Receipt
Ans – (b)
If purchaser of goods returns them, he will prepare
(a) Credit Note
(b) Debit Note
(c) Both (a) and (b)
(d) None of these
Ans – (b)
If seller receives back the goods sold, he will prepare
(a) Credit Note
(b) Debit Note
(c) Both (a) and (b)
(d) None of these
Ans – (a)
Rohan has returned goods worth ₹ 20,000 to Radheyshyam as he found it defective, Which document will be prepared by Radheyshyam?
(a) Invoice/Bill
(b) Debit Note
(c) Credit Voucher
(d) Credit Note
Ans – (d)
Voucher is prepared for
(a) Cash and Credit purchases
(b) Cash and Credit sales
(c) Cash received and paid
(d) All of these
Ans – (d)
Credit sale of goods will be recorded through which voucher?
(a) Debit Voucher
(b) Credit Voucher
(c) Cash Voucher
(d) Transfer Voucher
Ans – (d)
Invoice is a source voucher for
(a) Cash purchases
(b) Credit purchases
(c) Both (a) and (b)
(d) Neither (a) nor (b)
Ans – (b)
Books of Account are written on the basis of
(a) Source Document
(b) Accounting Vouchers
(c) Both (a) and (b)
(d) None of these
Ans – (b)
Credit Note is prepared
(a) when credit is given to the account
(b) when debit is given to the account
(c) Both (a) and (b)
(d) None of these
Ans – (a)
When goods are sold on credit, the seller prepares
(a) Cash Memo
(b) Invoice
(c) Accounting Voucher
(d) None of these
Ans – (b)
When goods are purchased against cash, the purchaser will get
(a) Cash Memo
(b) Invoice
(c) Accounting Voucher
(d) None of these
Ans – (a)
Transfer vouchers are prepared to record
(a) cash transactions
(b) non-cash transactions
(c) Both (a) and (b)
(d) None of these
Ans – (b)
Credit purchase of furniture is recorded through
(a) Transfer voucher
(b) Cash Voucher
(c) Debit voucher
(d) Credit voucher
Ans – (a)
Identify the transaction for which Transfer Voucher is prepared?
I. A payment of ₹ 20,000 towards rent
II. A receipt of ₹ 25,000 towards professional fee
III. A credit sale of ₹ 10,000 to Mohan
(a) I and II
(b) II and III
(c) only III
(d) Only II
Ans – (c)
Which of these information is available on invoice?
A. Name of the party to whom goods are sold
B. Description of goods sold
C. Total sales value
(a) A an B
(b) B and C
(c) A and C
(d) All of these
Ans – (d)
