A. Receipts
B. Payments
C. Incomes
D. Expenditures
Related Mcqs:
- Introduction capital by owner of business is recorded on which side of a cash book??
- Discount received is recorded on which of the following side of a cash book??
- Purchase of office equipment for cash will be recorded on which of the following sides of a cash book??
- Payment of rent expenses is recorded on which side of cash book??
- Cash brought by the owner to start business is called__________??
- If the business’s owner withdraws cash for his/her personal use what will be the effect on capital??
- Which of these transactions will not be recorded in cash book??
- 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??
- $5000 deposited in bank account was entered twice in the cash book. Identify the correct adjustment in cash book.?