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Free Online MCQs for Class – 11 Accountancy Chapter 8 – Origin of Transactions-Source Documents of Accountancy

Free Online MCQs for CBSE Class – 11 Accountancy Chapter 8 – Origin of Transactions-Source Documents of Accountancy with Answers. Free Online MCQs Questions for Class 11 Accountancy with Answers was Prepared Based on Latest Exam Pattern. Students can solve NCERT Class 11 Accountancy Chapter- 8 Origin of Transactions-Source Documents of Accountancy Multiple Choice Questions with Answers to know their preparation level on Success Roar Classes Website itself.

Free Online MCQs for Class -11 Accountancy

Chapter 8 – Origin of Transactions-Source Documents of Accountancy with Answers

  1. Cash memo is prepared when goods are sold
    1. On credit
    2. On cash
    3. Both (a) and (b)
    4. None of these
  2. Invoice is a source voucher for seller of goods
    1. For cash sales
    2. For credit purchases
    3. For credit sales
    4. For cash purchase
  3. Cash memo is
    1. A sources voucher
    2. An accounting voucher
    3. Neither (a) and (b)
    4. Both (a) and (b)
  4. Books of account are written on the basis of 
    1. Source document
    2. Accounting vouchers
    3. Both (a) and (b)
    4. None of these 
  5. Credit note is prepared
    1. When credit is given to the account
    2. When debit is given to the account
    3. Both (a) and (b)
    4. None of the above 
  6. When goods are sold on credit the seller prepares
    1. Cash memo
    2. Invoice
    3. Accounting voucher
    4. None of these
  7. Example of source document is
    1. Cash memo
    2. Invoice
    3. Receipt
    4. All of the above
  8. Debit note is issued
    1. When good returned to us
    2. When goods returned to supplier
    3. When we purchase any asset
    4. None of the above
  9. Cheque is drawn upon
    1. Bearer
    2. Bank
    3. Writer of cheque
    4. None of the above
  10. Depreciation will be provided through
    1. Credit voucher
    2. Debit voucher
    3. Transfer Voucher
    4. Journal voucher

MCQs Questions of Class – 11 Accountancy Chapter- 8 Origin of Transactions-Source Documents of Accountancy

Answer Key

  1. (b)  2. (c)   3. (a)     4. (b)   5. (a)    6. (b)    7. (d)    8. (b)    9. (b)   10.  (c)

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