WebDec 1, 2024 · Recording of Transactions 2 Class 11 MCQs Questions with Answers Question 1. The first book of original entry is- (a) Journal (b) Ledger (c) Trial Balance (d)None of these. Answer Question 2. ‘Drawings’ falls under which account- (a) Personal account (b) Real account (c) Nominal account (d) None of these. Answer Question 3. WebSep 28, 2024 · Answer : Cash Book is a book of original entry. It records all transactions related to receipts and payments of cash and deposits in and withdrawals from a bank in a chronological order. In the debit side of …
Books of Original Entry - Definition, Examples & Types
WebClass 11 Accounts (Session 2024-23) paper by CBSE will be of 80 Marks. In this video CA Parag Gupta Sir (RKG Institute) will be discussing special purpose bo... WebCash book is a book in which all transactions relating to cash receipts and cash payments are recorded. It starts with the cash or bank balances at the beginning of the period. Generally, it is made on monthly basis. This is a very popular book and is maintained by all organisations, big or small, profit or not-for- profit. outwood academy bishopsgarth uniform
NCERT Solutions For Class 11 Financial Accounting
WebApr 3, 2024 · A Cash Book is an Original Entry (or Prime Entry) book in which all cash and bank transactions are documented chronologically. When the business is small, it is easy to record every transaction in a single book called a ‘Journal’. Journal is also known as the book of original entry. WebJournal - The Book of Original Entry: According to double entry system of bookkeeping, transactions are recorded in the books of accounts in two stages: First stage - Journal Second stage - Ledger The flow of accounting information from the time a transaction takes place to its recording in the ledger may be illustrated as follows: WebDocument Description: Book of Original Entry - Cash Book (Part - 2) for Commerce 2024 is part of DK Goel Solutions - Class 11 Accountancy preparation. The notes and … rajasthan rifle association