A. Liability
B. Asset
C. Expenses
D. Income
Related Mcqs:
- The closing balance of a petty cash book is a / an___________??
- 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??
- Petty cash balance is a/an___________??
- A cash book that is used to record the small payments of cash is generally referred as_________??
- Which of the following is not a cause of difference in balance as per cash book and balance as per bank pass book___________??
- Difference in Bank Balance as per Pass Book and Cash Book may arise on account of_____________??
- Balance as per cash book(adjusted.=$1000, Unpresented checks=$2000, Uncredited checks=$500, Deposit in transit=$500. Compute the balance as per bank statement.?
- A credit balance in cash book indicates??
- Credit balance as per Cash Book mean____________??
- Favorable balance of cash book implies that?
