Fill in the Correct Words:
Credit balance shown by a bank column in cash book is _________.
overdraft
Cash book is a _________ journal.
subsidiary
In Journal proper, only _________ discount is recorded.
cash
Return of goods purchased on credit to the suppliers will be entered in _________ Journal.
purchases return
Assets sold on credit are entered in _________.
journal proper
Double column cash book records transaction relating to _________ and _________.
cash, bank
Total of the debit side of cash book is _________ than the credit side.
more
Cash book does not record the _________ transactions.
credit
In double column cash book _________ transactions are also recorded.
bank
The amount paid to the petty cashier at the beginning of a period is known as _________ amount.
imprest
In purchase book goods purchased on _________ are recorded.
credit
Explanation
The answers are derived directly from the 'Test Your Understanding - II' answer key provided in the context. Specifically, the context lists the correct fill-in-the-blank words corresponding to each sub-question (a) through (k). For instance, the context states that a cash book is a 'subsidiary' journal and defines the petty cashier payment as the 'imprest' amount.