MAHARISHI VIDYA MANDIR SR SEC SCHOOL, MELPAKKAM,AVADI,CH-77
DATE:07.08.2025. ACCOUNTANCY MARKS:15
DAILY ROUTINE TEST
1. If seller receives back the goods sold, he will prepare _______. (1)
(a) Credit Note (b) Debit Note
(c) Both (a) & (b) (d) None of the above
2. Cash memo is prepared when goods are sold ___________. (1)
(a) On credit (b) On cash
(c) Both (a) & (b) (d) None of these
3. Voucher is prepared for _________. (1)
(a) Cash and Credit purchases (b) Cash and Credit sales
(c) Cash received and paid (d) All of these
4. Books of account are written on the basis of ________. (1)
(a) Accounting voucher (b) Source document
(c) Both (a) & (b) (d) None of these
5. Invoice is a source voucher for purchaser of goods for_______. (1)
(a) Cash purchases (b) cash sales
(c) Credit sales (d) credit purchases
6. Give short note on (a) Receipt, (b) Credit Note, (c) Source vouchers (3)
7. Pass Journal entries for the following adjustment on 31 st March, 2025. (7)
1) Interest due but not received ₹5,000.
2) Out of the rent paid this year, ₹7,000 is for the next year.
3) provide 7% depreciation on furniture costing ₹70,000.
4) Received commission of ₹10,000 by cheque, half of which is in advance.
5) Allow interest on capital ₹5,000
6) Charge interest on drawings ₹700
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