A. Every day
B. Every half year
C. Every year
D. At the end of every accounting period
Related Mcqs:
- The process of recording is done??
- Trial balance is commonly prepared??
- Petty cash balance is a/an___________??
- The closing balance of a petty cash book is a / an___________??
- The closing balance of petty cash book is considered as_________??
- Capital expenditure is an expenditure which?
- Which of the following statements is true with regard to written down value method of depreciation??
- A normative farm plan is one which the farmer:
- 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??
- Under the direct write-off method of recognizing a bad debt expense. Which of the following statements is/are true??