A. Bank overdraft
B. Cash at bank
C. Bank balance
D. Current Asset
Related Mcqs:
- Debit side of Bank Pass book corresponds to___________??
- If debit balance is greater than creadit balance then the account blance will be__________??
- The Bank Reconciliation Statement is prepared??
- 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?
- Bank reconciliation is a statement prepared to reconcile__________??
- 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?
- Debit balance as per bank pass book mean_____________??
- A credit balance in cash book indicates??
- Which of these documents is not required for Bank Reconciliation??
- Bank charges amounting to $5000 was not entered in the cash book. Identify the correct adjustment in cash book??
