Chapter 6: Subsidiary Books - I — Online MCQ Test
ACCOUNTANCY · CLASS 11th · Tamil Nadu State Board
Practice Chapter 6: Subsidiary Books - I with a free chapter-wise online MCQ test.
This chapter covers: Exploring specialized prime entry journals this chapter covers purchase book sales book purchase returns book and sales returns book. Students learn transaction posting procedures....
AI-generated questions from basic to board-exam level, with instant results and explanations.
Chapter 6: Subsidiary Books - I — Important Questions & Answers
Which subsidiary book is used to record credit purchases of goods?
- A. Sales Book
- B. Purchase Book
- C. Cash Book
- D. Journal Proper
Answer: B. Purchase Book
Credit purchases of goods are entered in the Purchase Book. It is a special journal used to record only goods bought on credit.
Credit purchases of goods are entered in the Purchase Book. It is a special journal used to record only goods bought on credit.
Which book is used to record credit sales of goods?
- A. Sales Book
- B. Purchase Book
- C. Purchase Returns Book
- D. Bills Receivable Book
Answer: A. Sales Book
Credit sales of goods are recorded in the Sales Book. It is used for only goods sold on credit.
Credit sales of goods are recorded in the Sales Book. It is used for only goods sold on credit.
Which of the following transactions is NOT recorded in the Purchase Book?
- A. Credit purchase of goods meant for resale
- B. Cash purchase of office furniture
- C. Credit purchase of trading goods
- D. Credit purchase of raw materials
Answer: B. Cash purchase of office furniture
Purchase Book records only credit purchases of goods. Cash purchase of office furniture is not entered in it because it is not a credit purchase of goods.
Purchase Book records only credit purchases of goods. Cash purchase of office furniture is not entered in it because it is not a credit purchase of goods.
A business purchased goods from Rani on credit and later returned some of those goods to Rani. Which books will be used to record these transactions?
- A. Purchase Book and Purchase Returns Book
- B. Sales Book and Sales Returns Book
- C. Cash Book and Journal Proper
- D. Purchase Book and Sales Returns Book
Answer: A. Purchase Book and Purchase Returns Book
The credit purchase is recorded in the Purchase Book, and the goods returned to the supplier are recorded in the Purchase Returns Book.
The credit purchase is recorded in the Purchase Book, and the goods returned to the supplier are recorded in the Purchase Returns Book.
If a transaction involves credit purchase of stationery for office use, where should it be recorded in the books of account?
- A. Purchase Book
- B. Sales Book
- C. Journal Proper
- D. Purchase Returns Book
Answer: C. Journal Proper
Purchase Book is meant only for credit purchases of goods for resale. Stationery for office use is an indirect expense, so it is recorded in the Journal Proper.
Purchase Book is meant only for credit purchases of goods for resale. Stationery for office use is an indirect expense, so it is recorded in the Journal Proper.