A. Cash
B. Equipment
C. Debtors
D. Creditors
Related Mcqs:
- Which of these transactions will not be recorded in cash book??
- Identify the asset from the following:?
- The normal balance of liability account is____________??
- Which of the following account with normal balance is shown at the debit side of a trial balance??
- Which of the following items should not be capitalized relating to fixed assets??
- The accountant of Leo Ltd. recorded a payment by cheque to a creditor for supply of materials as 1,340.56. The bank recorded the cheque at its correct amount of 3,140.56. The Company has not passed any rectification entries and the error is not detected through the bank reconciliation. The impact of this error is?
- Which of the following equation is known as Cash Flow (CF) identity??
- Which of the following should not be treated as revenue expenditure??
- The advantage of process layout is
- The most common imprest system is the ________ system??