Chapter Exam

Unit 7: Subsidiary Books — Online MCQ Test

Q: Which book is used to record all credit purchases of goods?

Answer: B. Purchase Book — Credit purchases of goods are recorded in the Purchase Book. It does not record cash purchases or purchase of assets.

Q: Which of the following is NOT usually recorded in the Sales Book?

Answer: B. Cash sale of goods — The Sales Book records only credit sales of goods. Cash sales are recorded in the Cash Book, not in the Sales Book.

Q: A credit sale of goods worth ₹8,000 is made, and later goods worth ₹1,000 are returned by the customer. What is the net amount recorded in the Sales Book and Sales Returns Book respectively?

Answer: A. ₹8,000 and ₹1,000 — The full credit sale is recorded in the Sales Book as ₹8,000. The goods returned by the customer are recorded separately in the Sales Returns Book as ₹1,000.

Q: A trader buys goods on credit from two suppliers on the same day. In which book will these transactions be recorded?

Answer: B. Purchase Book — All credit purchases of goods are recorded in the Purchase Book, even if they are from different suppliers. The individual supplier accounts are later posted from this book.

COMMERCE & ACCOUNTANCY · CLASS 11 INTERMEDIATE 1 YEAR · Telangana State Board

Practice Unit 7: Subsidiary Books with a free chapter-wise online MCQ test for Telangana State Board CLASS 11 INTERMEDIATE 1 YEAR COMMERCE & ACCOUNTANCY. This chapter covers: Focusing on primary accounting records this chapter covers purchases book sales book purchase returns book sales returns book bills receivable book bills payable book and journal p.... AI-generated questions from basic to board-exam level, with instant results and explanations.

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Unit 7: Subsidiary Books — Important Questions & Answers (FAQ)

Frequently asked questions from Telangana State Board CLASS 11 INTERMEDIATE 1 YEAR COMMERCE & ACCOUNTANCY — Unit 7: Subsidiary Books, with answers and explanations. These are sample questions; the exam has its own separate question set.

What is the main purpose of maintaining subsidiary books?

A. To prepare final accounts directly
B. To record transactions in a systematic and classified manner ✓
C. To calculate depreciation
D. To determine profit only at year-end

Answer: B. To record transactions in a systematic and classified manner
Subsidiary books are special journals used to record similar transactions separately and systematically. This makes accounting easier and more accurate.

Which book is used to record all credit purchases of goods?

A. Sales Book
B. Purchase Book ✓
C. Purchase Returns Book
D. Journal Proper

Answer: B. Purchase Book
Credit purchases of goods are recorded in the Purchase Book. It does not record cash purchases or purchase of assets.

Which of the following is NOT usually recorded in the Sales Book?

A. Credit sale of goods
B. Cash sale of goods ✓
C. Sale of goods on credit
D. Credit sale of trading goods

Answer: B. Cash sale of goods
The Sales Book records only credit sales of goods. Cash sales are recorded in the Cash Book, not in the Sales Book.

A credit sale of goods worth ₹8,000 is made, and later goods worth ₹1,000 are returned by the customer. What is the net amount recorded in the Sales Book and Sales Returns Book respectively?

A. ₹8,000 and ₹1,000 ✓
B. ₹7,000 and ₹1,000
C. ₹8,000 and ₹7,000
D. ₹1,000 and ₹8,000

Answer: A. ₹8,000 and ₹1,000
The full credit sale is recorded in the Sales Book as ₹8,000. The goods returned by the customer are recorded separately in the Sales Returns Book as ₹1,000.

A trader buys goods on credit from two suppliers on the same day. In which book will these transactions be recorded?

A. Sales Book
B. Purchase Book ✓
C. Purchase Returns Book
D. Bills Payable Book

Answer: B. Purchase Book
All credit purchases of goods are recorded in the Purchase Book, even if they are from different suppliers. The individual supplier accounts are later posted from this book.

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