Which voucher is prepared when cash is paid for stationery? MCQ with Answer and Explanation

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Which voucher is prepared when cash is paid for stationery?

A. Contra Voucher

B. Payment Voucher

C. Receipt Voucher

D. Journal Voucher

Answer: Option B

Solution (By JKSSB Mock Tests)

A payment voucher is prepared for all cash payments, including payments for expenses like stationery.

This question belongs to: Accountancy and Statistics Accountancy and Book Keeping

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Question #1

The 'Limited Liability Partnership' (LLP) is governed by:

A. Companies Act, 2013

B. Indian Contract Act

C. Limited Liability Partnership Act, 2008

D. Partnership Act, 1932

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Correct Answer: Option C

Explanation:
LLP is a separate legal entity governed by LLP Act, 2008.

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Question #2

The 'Form 10IE' is to be filed for:

A. TDS return

B. Opting for new income tax regime

C. Tax audit

D. GST registration

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Correct Answer: Option B

Explanation:
Form 10IE is filed by individuals/HUFs to opt for the new tax regime.

This question belongs to: Accountancy and Statistics Accountancy and Book Keeping

Question #3

S1: A Cash Book is a subsidiary book. S2: A Cash Book also acts as a ledger account. Which statement(s) is/are correct?

A. Neither S1 nor S2

B. S2 only

C. S1 only

D. Both S1 and S2

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Correct Answer: Option D

Explanation:
The Cash Book is a subsidiary book (book of original entry) for cash transactions. It also serves as the Cash and Bank accounts in the ledger, eliminating the need to post them separately. Both statements are correct.

This question belongs to: Accountancy and Statistics Accountancy and Book Keeping

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