A. Cash payments
B. Cash receipts
C. Cash payments and cash receipts
D. Neither cash payments nor cash receipts
Related Mcqs:
- Cash book records??
- Purchase of office equipment for cash will be recorded on which of the following sides of a cash book??
- BUSINESS paid rent amounting to $100″ which of the following specialized journals records this transaction??
- 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??
- Bank charges amounting to $5000 was not entered in the cash book. Identify the correct adjustment in cash book??
- 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?
- Payment of rent expenses is recorded on which side of cash book??
- Introduction capital by owner of business is recorded on which side of a cash book??
- Cash received from debtor is recorded in which of the following SPECIALIZED journals??
- A simple or one column cash book usually has which of the following main columns??