🚆 RAILWAY CASH BOOK – 100 MCQs
🔹 QUESTIONS (1–100)
Q1. Railway Cash Book records:
A. Only cash transactions
B. Cash and bank transactions
C. Credit transactions
D. None
Q2. (T/F) Railway Cash Book is both a journal and a ledger.
Q3. Cash Book is maintained for:
A. Assets
B. Cash flow
C. Profit
D. None
Q4. (Fill) Cash Book is a book of ______ entry.
Q5. Debit side of Cash Book shows:
A. Payments
B. Receipts
C. Balance
D. None
Q6. Credit side shows:
A. Receipts
B. Payments
C. Profit
D. None
Q7. (T/F) Cash Book can have a credit balance.
Q8. Cash received is recorded on:
A. Credit side
B. Debit side
C. Both
D. None
Q9. (Fill) Cash paid is recorded on ______ side.
Q10. Bank transactions are recorded in:
A. Journal
B. Cash Book
C. Ledger
D. None
Q11. Contra entry affects:
A. Cash only
B. Bank only
C. Both cash and bank
D. None
Q12. (T/F) Contra entry is marked with “C”.
Q13. Cash deposited into bank is:
A. Contra entry
B. Payment
C. Receipt
D. None
Q14. (Fill) Cash withdrawn for office use is ______ entry.
Q15. Bank overdraft appears on:
A. Debit side
B. Credit side
C. Both
D. None
Q16. Discount column is:
A. Ledger account
B. Memorandum column
C. Real account
D. None
Q17. (T/F) Discount column is balanced.
Q18. Petty cash book is used for:
A. Large payments
B. Small expenses
C. Credit transactions
D. None
Q19. (Fill) Petty cash system is called ______ system.
Q20. Imprest amount is:
A. Variable
B. Fixed
C. Random
D. None
Q21. Which book replaces cash account in ledger?
A. Journal
B. Cash Book
C. Trial balance
D. None
Q22. (T/F) Cash Book needs posting to cash account.
Q23. Bank column balance can be:
A. Debit only
B. Credit only
C. Both
D. None
Q24. (Fill) Cash Book never shows ______ balance.
Q25. Dishonoured cheque:
A. Debit bank
B. Credit bank
C. Ignore
D. None
Q26. Cheque received is:
A. Debit bank
B. Credit bank
C. Debit cash
D. None
Q27. (T/F) Cash Book records credit purchase.
Q28. Cash deficiency is:
A. Income
B. Loss
C. Asset
D. None
Q29. (Fill) Loss is recorded on ______ side.
Q30. Cash surplus is:
A. Loss
B. Income
C. Liability
D. None
Q31. Bank charges are:
A. Income
B. Expense
C. Asset
D. None
Q32. (T/F) Bank charges are credited in Cash Book.
Q33. Cash sales recorded in:
A. Journal
B. Cash Book
C. Ledger
D. None
Q34. (Fill) Cash Book is book of ______ entry.
Q35. Multi-column Cash Book includes:
A. Cash only
B. Cash & bank
C. Cash, bank, discount
D. None
Q36. Cheque issued is:
A. Debit bank
B. Credit bank
C. Debit cash
D. None
Q37. (T/F) Cash Book can have overdraft.
Q38. Balance carried down is:
A. Opening
B. Closing
C. Middle
D. None
Q39. (Fill) Cash balance is always ______.
Q40. Petty cash expenses include:
A. Salary
B. Postage
C. Machinery
D. None
Q41. Which is not recorded?
A. Cash
B. Bank
C. Credit sale
D. None
Q42. (T/F) Cash Book is prepared daily.
Q43. Cash Book is balanced:
A. Weekly
B. Monthly
C. Daily
D. None
Q44. (Fill) Bank reconciliation compares ______.
Q45. Cash withdrawn for personal use:
A. Expense
B. Drawings
C. Asset
D. None
Q46. Payment to creditor:
A. Debit creditor
B. Credit cash
C. Both
D. None
Q47. (T/F) Cash Book helps control cash.
Q48. Cash remittance is:
A. Transfer
B. Expense
C. Income
D. None
Q49. (Fill) Cash Book entries are posted to ______.
Q50. Cash received from debtor:
A. Debit cash
B. Credit debtor
C. Both
D. None
Q51. Cash Book balance is carried:
A. Forward
B. Backward
C. None
D. Both
Q52. (T/F) Cash Book can show negative cash.
Q53. Bank deposit slip is:
A. Evidence
B. Account
C. None
D. Both
Q54. (Fill) Cash Book is part of ______ accounting.
Q55. Cheque dishonoured reduces:
A. Bank
B. Cash
C. Income
D. None
Q56. Which is contra entry?
A. Cash to bank
B. Cash sale
C. Expense
D. None
Q57. (T/F) Contra entry has no ledger posting.
Q58. Bank column shows:
A. Cash
B. Bank
C. Expense
D. None
Q59. (Fill) Debit side shows ______.
Q60. Credit side shows:
A. Receipts
B. Payments
C. Assets
D. None
Q61. Discount allowed:
A. Income
B. Expense
C. Asset
D. None
Q62. (T/F) Discount received is credited.
Q63. Cash balance carried down:
A. Debit
B. Credit
C. None
D. Both
Q64. (Fill) Cash Book eliminates need of ______ account.
Q65. Cash Book is:
A. Account
B. Book
C. Both
D. None
Q66. Bank balance may be:
A. Debit
B. Credit
C. Both
D. None
Q67. (T/F) Cash column is balanced.
Q68. Cash sales:
A. Debit cash
B. Credit sales
C. Both
D. None
Q69. (Fill) Payment side is ______ side.
Q70. Cheque deposited:
A. Debit bank
B. Credit bank
C. None
D. Both
Q71. Overdraft indicates:
A. Asset
B. Liability
C. Expense
D. None
Q72. (T/F) Bank overdraft is liability.
Q73. Cash Book is part of:
A. Ledger
B. Journal
C. Both
D. None
Q74. (Fill) Cash Book records ______ transactions.
Q75. Which is debit entry?
A. Payment
B. Receipt
C. Loss
D. None
Q76. Cash received from bank:
A. Contra
B. Expense
C. Income
D. None
Q77. (T/F) Cash Book is checked by reconciliation.
Q78. Cash shortage is:
A. Profit
B. Loss
C. Asset
D. None
Q79. (Fill) Loss is debited to ______ account.
Q80. Cash surplus is:
A. Loss
B. Gain
C. Expense
D. None
Q81. Which is credit entry?
A. Receipt
B. Payment
C. Asset
D. None
Q82. (T/F) Cash Book can detect errors.
Q83. Cash Book is prepared by:
A. Manager
B. Cashier
C. Auditor
D. None
Q84. (Fill) Cash Book balance is carried ______.
Q85. Cash control is ensured by:
A. Ledger
B. Cash Book
C. Trial balance
D. None
Q86. Which is not in Cash Book?
A. Cash
B. Bank
C. Credit sale
D. None
Q87. (T/F) Cash Book is compulsory.
Q88. Bank reconciliation is between:
A. Cash & bank
B. Bank & passbook
C. Cash & ledger
D. None
Q89. (Fill) Cash Book must be ______ daily.
Q90. Cash Book is:
A. Permanent
B. Temporary
C. Both
D. None
Q91. Which is asset?
A. Cash
B. Overdraft
C. Expense
D. None
Q92. (T/F) Cash is always asset.
Q93. Which is liability?
A. Cash
B. Bank overdraft
C. Expense
D. None
Q94. (Fill) Bank overdraft appears on ______ side.
Q95. Which is correct?
A. Cash Book = Ledger
B. Cash Book = Journal + Ledger
C. Cash Book = Trial
D. None
Q96. Cash Book helps in:
A. Control
B. Recording
C. Both
D. None
Q97. (T/F) Cash Book shows real-time balance.
Q98. Cash Book is used in:
A. Single entry
B. Double entry
C. Both
D. None
Q99. (Fill) Cash Book records ______ transactions only.
Q100. Which is correct?
A. Debit = Receipt
B. Credit = Payment
C. Both
D. None
📘 ANSWER KEY (1–100)
1-B, 2-T, 3-C, 4-Original, 5-B
6-B, 7-F, 8-A, 9-Credit, 10-B
11-C, 12-T, 13-A, 14-Contra, 15-B
16-B, 17-F, 18-B, 19-Imprest, 20-B
21-B, 22-F, 23-C, 24-Credit, 25-A
26-A, 27-F, 28-B, 29-Debit, 30-B
31-B, 32-F, 33-B, 34-Original, 35-C
36-B, 37-T, 38-B, 39-Debit, 40-B
41-C, 42-T, 43-C, 44-Cash & bank, 45-B
46-C, 47-T, 48-A, 49-Ledger, 50-C
51-A, 52-F, 53-A, 54-Double, 55-A
56-A, 57-T, 58-B, 59-Receipts, 60-B
61-B, 62-T, 63-A, 64-Cash, 65-C
66-C, 67-T, 68-C, 69-Credit, 70-A
71-B, 72-T, 73-C, 74-Cash, 75-B
76-A, 77-T, 78-B, 79-P&L, 80-B
81-B, 82-T, 83-B, 84-Forward, 85-B
86-C, 87-T, 88-B, 89-Balanced, 90-A
91-A, 92-T, 93-B, 94-Credit, 95-B
96-C, 97-T, 98-B, 99-Cash, 100-C
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