Assertion Reason MCQS of Special Purpose Books II Other Books with answers
Assertoin Reason MCQS of Special Purpose Books II Other Books class 11 with answers for CBSE, ISC and State Boards
Assertoin Reason MCQS of Books of Original Entry – Special Purpose Subsidiary Books class 11 with answers for CBSE, ISC and State Boards
Assertion (A): Purchase Book is a part of Journal, whereas Purchase Account is a part of Ledger.
Reason (R): Purchase Book records only credit purchases of goods, whereas only cash purchases of goods are posted in the Purchase Account.
Options:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true
Ans – (c)
Assertion (A): In Purchases Book, both cash and credit purchase of goods are recorded.
Reason (R): Purchases Book is maintained when credit sale of goods is voluminous.
Options:-
(a) Both Assertion (A) and Reason (R) are correct but Reason (R) is not the correct explanation of the Assertion (A)
(b) Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of the Assertion (A)
(c) Both Assertion (A) and Reason (R) are not correct
(d) Assertion (A) is correct but Reason (R) is not correct
Ans – (c)
Assertion (A): In case of sale return, the firm receives a debit note.
Reason (R): Because the customer is debiting firm’s account with the value of goods returned.
Options:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true
Ans – (a)
Assertion (A): In Purchases Return Book, return of goods purchased on credit are recorded.
Reason (R): Periodical total of Purchases Return Book is posted to the credit of Purchases Returns Account.
Options:-
(a) Both Assertion (A) and Reason (R) are correct but Reason (R) is not the correct explanation of the Assertion (A)
(b) Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of the Assertion (A)
(c) Both Assertion (A) and Reason (R) are not correct
(d) Assertion (A) is correct but Reason (R) is not correct
Ans – (a)
Assertion (A): Ledger is not a subsidiary book.
Reason (R): Sales Return Book is used to record return of goods sold on credit and cash.
Options:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true
Ans – (c)
Assertion (A): In Sales Book, credit sale of goods is recorded.
Reason (R): Cash sale of goods is recorded in the Cash Book.
Options:-
(a) Both Assertion (A) and Reason (R) are correct but Reason (R) is not the correct explanation of the Assertion (A)
(b) Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of the Assertion (A)
(c) Both Assertion (A) and Reason (R) are not correct
(d) Assertion (A) is correct but Reason (R) is not correct
Ans – (b)
Assertion (A): In Sales Return Book, goods returned by the seller of goods are recorded.
Reason (R): Total of Sales Return Book is posted to the credit of Returns Inward Account.
Options:-
(a) Both Assertion (A) and Reason (R) are correct but Reason (R) is not the correct explanation of the Assertion (A)
(b) Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of the Assertion (A)
(c) Both Assertion (A) and Reason (R) are not correct
(d) Assertion (A) is correct but Reason (R) is not correct
Ans – (c)
Assertion (A): Recording is made in purchaes book after deducting trade discount and cash discount.
Reason (R): In Purchase Book, total amount of each transaction is recorded after deducting trade discount and after adding Input CGST, Input SGST and Input IGST.
Options:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true
Ans – (d)
Assertion (A): Purchaes Book and Sales Book are part of Journal.
Reason (R): Purchases Book and Sales Book are independent of Journal.
Options:-
(a) Both Assertion (A) and Reason (R) are correct but Reason (R) is not the correct explanation of the Assertion (A)
(b) Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of the Assertion (A)
(c) Both Assertion (A) and Reason (R) are not correct
(d) Assertion (A) is correct but Reason (R) is not correct
Ans – (d)
Assertion (A): In case Triveni returns goods to Saraswati, Triveni will issue a debit note.
Reason (R): Debit notes are used to prepare Returns Outwards Book.
Options:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true
Ans – (a)
Assertion (A): On goods being returned by the purchaser, seller prepares a Credit Note.
Reason (R): Credit Note is evidence that the Purchaser’s Account is credited.
Options:-
(a) Both Assertion (A) and Reason (R) are correct but Reason (R) is not the correct explanation of the Assertion (A)
(b) Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of the Assertion (A)
(c) Both Assertion (A) and Reason (R) are not correct
(d) Assertion (A) is correct but Reason (R) is not correct
Ans – (b)
Assertion (A): Total of Purchase Return Column in Purchase Return Book is posted to the Debit of Purchase Return Account.
Reason (R): Purchase of an asset on credit is recorded in Journal Proper.
Options:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true
Ans – (d)
Assertion (A): On goods being returned to the seller, purchaser prepares a Debit Note.
Reason (R): Credit Note is evidence that the Purchaser’s Account is credited.
Options:-
(a) Both Assertion (A) and Reason (R) are correct but Reason (R) is not the correct explanation of the Assertion (A)
(b) Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of the Assertion (A)
(c) Both Assertion (A) and Reason (R) are not correct
(d) Assertion (A) is correct but Reason (R) is not correct
Ans – (a)
Assertion (A): A separate column is made for ‘Credit Note No.’ in Sales Return Book.
Reason (R): A separate column is made for ‘Debit Note No.’ in Purchases Return Book.
Options:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true
Ans – (b)
Assertion (A): Aryan’s cheque of ₹ 15,000 received in settlement of his account of ₹ 16,000 was dishonoured. Dishonour of cheque will be recorded in Two Column Cash Book.
Reason (R): Dishonour of cheque leads to reversing the entry passed on receipt of cheque.
Options:-
(a) Both Assertion (A) and Reason (R) are correct but Reason (R) is not the correct explanation of the Assertion (A)
(b) Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of the Assertion (A)
(c) Both Assertion (A) and Reason (R) are not correct
(d) Assertion (A) is correct but Reason (R) is not correct
Ans – (b)
Assertion (A): Goods taken by the Proprietor for personal use will be recorded in Purchases Return Book.
Reason (R): Recording is made in Journal Proper of goods given away as charity or free samples
Options:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true
Ans – (d)
Assertion (A): Pawan’s cheque of ₹ 10,000 received against dues of ₹ 11,000 was dishonoured. Dishonour of cheque will be recorded in credit side of Two Column Cash Book debiting Pawan’s Account by ₹ 10,000.
Reason (R): Pawan’s Account by ₹ 11,000 will be written in the credit side of Two Column Cash Book.
Options:-
(a) Both Assertion (A) and Reason (R) are correct but Reason (R) is not the correct explanation of the Assertion (A)
(b) Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of the Assertion (A)
(c) Both Assertion (A) and Reason (R) are not correct
(d) Assertion (A) is correct but Reason (R) is not correct
Ans – (d)
Assertion (A): When a Sales Book is maintained, there is not need to open Sales Account in the Ledger.
Reason (R): An asset sold on Credit will be recorded in Journal Proper.
Options:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true
Ans – (d)
Assertion (A): Closing entries are passed to close the nominal accounts at the end of accounting period.
Reason (R): Transfer entries are passed for transferring the balance of one account to another.
Options:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
(c) (A) is true, but (R) is false
(d) (A) is false, but (R) is true
Ans – (b)
