A. Debit
B. Credit
C. Expenses
D. Liability
Related Mcqs:
- Balance as per cash book(adjusted.=$1000, Unpresented checks=$2000, Uncredited checks=$500, Deposit in transit=$500. Compute the balance as per bank statement.?
- The closing balance of petty cash book is considered as_________??
- In bank reconciliation statement the amount of outstanding checks is added to ________ balance of cash book.?
- Bank reconciliation statement is the comparison of a bank statement (sent by bank) with the _________ (prepared by business).?
- Which of the following is not a cause of difference in balance as per cash book and balance as per bank pass book___________??
- Petty cash balance is a/an___________??
- The closing balance of a petty cash book is a / an___________??
- Favorable balance of bank statement implies that?
- Difference in Bank Balance as per Pass Book and Cash Book may arise on account of_____________??
- 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??