Question 12 Accountancy 2026 Medium MCQ +4.00 marks

Which of the following is recorded on the debit side of a cash book?

A. Payments made B. Receipts of cash C. Discount allowed only D. Purchases on credit

Click an option to submit your answer.

← Previous Next →

More CUET Accountancy 2026 questions to practise

In a partnership, in the absence of a partnership deed, profits are shared:

The rule 'Debit the receiver, Credit the giver' applies to which type of account?

Goodwill is classified as which type of asset?

Which financial statement shows the financial position of a business on a specific date?

The main objective of preparing a Profit and Loss Account is to determine:

Bad debts recovered is treated as:

Which of the following is a nominal account?

The concept of 'Going Concern' assumes that the business will: