A. an ordinary annuity
B. annuity due
C. multiple cash flows
D. perpetuity
Related Mcqs:
- Which of the following is a series of constant cash flows that occur at the end of each period for some fixed number of periods??
- In which of the following type of annuity, cash flows occur at the beginning of each period??
- Which of the following is a special case of annuity, where the stream of cash flows continues forever??
- Which of the following refers to the cash flows that result from the firm‟s day-to-day activities of producing and selling??
- A cash book that is used to record the small payments of cash is generally referred as_________??
- The accounting process of gradually converting the unexpired cost of fixed assets into expenses over a series of accounting periods is_________??
- 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??
- Cash book with cash and discount column is mostly referred as________??
- A cash book with cash, bank and discount column is commonly referred as________??
- 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?