[amp_mcq option1=”Cash/Bank Books” option2=”Exception Reports” option3=”Accounts Books” option4=”Trail Balance” correct=”option3″]
The correct answer is C. Accounts Books.
A memorandum voucher is a document that is used to record a transaction that is not part of the normal course of business. It is used to record things like petty cash expenses, donations, and capital expenditures. Memorandum vouchers are typically kept in the accounts books, which are a record of all of the company’s financial transactions.
Cash/Bank Books are used to record all cash and bank transactions. They are not used to record memorandum vouchers.
Exception Reports are used to identify transactions that are out of the ordinary. They are not used to record memorandum vouchers.
Trail Balance is a list of all of the accounts in the general ledger and their balances. It is not used to record memorandum vouchers.