Here are some multiple-choice questions (MCQs) with answers from the chapters on the Purchase Day Book, Sales Day Book, Purchase Return Book, and Sales Return Book in Accountancy.
### Purchase Day Book
1. **What is recorded in the Purchase Day Book?**
- a) Cash purchases
- b) Credit purchases
- c) Cash sales
- d) Credit sales
- **Answer: b) Credit purchases**
2. **The Purchase Day Book is a:**
- a) Ledger account
- b) Subsidiary book
- c) Journal proper
- d) Trial balance
- **Answer: b) Subsidiary book**
3. **Which of the following is not recorded in the Purchase Day Book?**
- a) Goods purchased on credit
- b) Assets purchased on credit
- c) Cash purchases of goods
- d) Goods purchased on cash
- **Answer: d) Goods purchased on cash**
4. **The Purchase Day Book is used to record:**
- a) All purchases
- b) Credit purchases of goods
- c) Credit sales of goods
- d) Cash purchases of goods
- **Answer: b) Credit purchases of goods**
5. **In the Purchase Day Book, trade discounts are:**
- a) Ignored
- b) Added to the purchase price
- c) Subtracted from the purchase price
- d) Treated as separate entries
- **Answer: c) Subtracted from the purchase price**
### Sales Day Book
6. **What is recorded in the Sales Day Book?**
- a) Cash sales
- b) Credit sales
- c) Cash purchases
- d) Credit purchases
- **Answer: b) Credit sales**
7. **The Sales Day Book is a:**
- a) Ledger account
- b) Subsidiary book
- c) Journal proper
- d) Trial balance
- **Answer: b) Subsidiary book**
8. **Which of the following is not recorded in the Sales Day Book?**
- a) Goods sold on credit
- b) Assets sold on credit
- c) Cash sales of goods
- d) Goods sold on credit to customers
- **Answer: c) Cash sales of goods**
9. **The Sales Day Book is used to record:**
- a) All sales
- b) Credit sales of goods
- c) Credit purchases of goods
- d) Cash sales of goods
- **Answer: b) Credit sales of goods**
10. **In the Sales Day Book, trade discounts are:**
- a) Ignored
- b) Added to the sales price
- c) Subtracted from the sales price
- d) Treated as separate entries
- **Answer: c) Subtracted from the sales price**
### Purchase Return Book
11. **What is recorded in the Purchase Return Book?**
- a) Goods purchased on credit
- b) Goods returned to suppliers
- c) Goods returned by customers
- d) Cash purchases of goods
- **Answer: b) Goods returned to suppliers**
12. **The Purchase Return Book is a:**
- a) Ledger account
- b) Subsidiary book
- c) Journal proper
- d) Trial balance
- **Answer: b) Subsidiary book**
13. **Which of the following is not recorded in the Purchase Return Book?**
- a) Goods returned to suppliers
- b) Assets returned to suppliers
- c) Goods purchased on credit
- d) Defective goods returned to suppliers
- **Answer: c) Goods purchased on credit**
14. **The Purchase Return Book is used to record:**
- a) Goods purchased on credit
- b) Goods returned to suppliers
- c) Goods returned by customers
- d) Cash purchases of goods
- **Answer: b) Goods returned to suppliers**
15. **In the Purchase Return Book, trade discounts are:**
- a) Ignored
- b) Added to the return price
- c) Subtracted from the return price
- d) Treated as separate entries
- **Answer: c) Subtracted from the return price**
### Sales Return Book
16. **What is recorded in the Sales Return Book?**
- a) Goods sold on credit
- b) Goods returned by customers
- c) Goods returned to suppliers
- d) Cash sales of goods
- **Answer: b) Goods returned by customers**
17. **The Sales Return Book is a:**
- a) Ledger account
- b) Subsidiary book
- c) Journal proper
- d) Trial balance
- **Answer: b) Subsidiary book**
18. **Which of the following is not recorded in the Sales Return Book?**
- a) Goods returned by customers
- b) Assets returned by customers
- c) Goods sold on credit
- d) Defective goods returned by customers
- **Answer: c) Goods sold on credit**
19. **The Sales Return Book is used to record:**
- a) Goods sold on credit
- b) Goods returned by customers
- c) Goods returned to suppliers
- d) Cash sales of goods
- **Answer: b) Goods returned by customers**
20. **In the Sales Return Book, trade discounts are:**
- a) Ignored
- b) Added to the return price
- c) Subtracted from the return price
- d) Treated as separate entries
- **Answer: c) Subtracted from the return price**
### Additional Questions
21. **Which document is used as the source for recording entries in the Purchase Day Book?**
- a) Sales invoice
- b) Purchase invoice
- c) Debit note
- d) Credit note
- **Answer: b) Purchase invoice**
22. **Which document is used as the source for recording entries in the Sales Day Book?**
- a) Sales invoice
- b) Purchase invoice
- c) Debit note
- d) Credit note
- **Answer: a) Sales invoice**
23. **Which document is used to record entries in the Purchase Return Book?**
- a) Sales invoice
- b) Purchase invoice
- c) Debit note
- d) Credit note
- **Answer: c) Debit note**
24. **Which document is used to record entries in the Sales Return Book?**
- a) Sales invoice
- b) Purchase invoice
- c) Debit note
- d) Credit note
- **Answer: d) Credit note**
25. **Which book records the return of goods by customers?**
- a) Sales Day Book
- b) Purchase Day Book
- c) Sales Return Book
- d) Purchase Return Book
- **Answer: c) Sales Return Book**
26. **Which book records the return of goods to suppliers?**
- a) Sales Day Book
- b) Purchase Day Book
- c) Sales Return Book
- d) Purchase Return Book
- **Answer: d) Purchase Return Book**
27. **Which of the following is not a primary book of account?**
- a) Sales Day Book
- b) Purchase Day Book
- c) General Ledger
- d) Sales Return Book
- **Answer: c) General Ledger**
28. **In the Purchase Day Book, entries are made on the basis of:**
- a) Purchase orders
- b) Purchase returns
- c) Purchase invoices
- d) Sales invoices
- **Answer: c) Purchase invoices**
29. **In the Sales Day Book, entries are made on the basis of:**
- a) Sales orders
- b) Sales returns
- c) Sales invoices
- d) Purchase invoices
- **Answer: c) Sales invoices**
30. **Which type of discount is typically recorded in the day books?**
- a) Trade discount
- b) Cash discount
- c) Seasonal discount
- d) Quantity discount
- **Answer: a) Trade discount**
31. **Which book records all credit purchases of goods?**
- a) Purchase Return Book
- b) Purchase Day Book
- c) Sales Day Book
- d) Sales Return Book
- **Answer: b) Purchase Day Book**
32. **Which book records all credit sales of goods?**
- a) Purchase Return Book
- b) Purchase Day Book
- c) Sales Day Book
- d) Sales Return Book
- **Answer: c) Sales Day Book**
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