A. Depreciation
B. Drawings
C. Outflow of cash
D. Appreciation
Related Mcqs:
- If the business’s owner withdraws cash for his/her personal use what will be the effect on capital??
- A cash book that is used to record the small payments of cash is generally referred as_________??
- A discount of $2000 was given to a supplier on his prompt repayment of debt but the cashier entered the gross amount in cash book. What should be the adjustment in cash to work out the correct balance of cash book??
- Cash book with cash and discount column is mostly referred as________??
- A cash book with cash, bank and discount column is commonly referred as________??
- A company was entered in hire purchase agreement and had to pay $1000 per month. Three payments were made via bank account but no entry was found in cash book. Identify the correct adjustment in cash book?
- Bank charges amounting to $5000 was not entered in the cash book. Identify the correct adjustment in cash book??
- Which of the following is a type of cash receipt journal cash payment journal??
- Which of these transactions will not be recorded in cash book??
- It was imagined by some of them that they would inevitably run out of cash.
