Postdated checks are considered as__________??
A. Cash
B. Bank balance
C. Accounts receivable
D. Cash reserve
A. Cash
B. Bank balance
C. Accounts receivable
D. Cash reserve
A. Cash
B. Bank statement
C. Transaction
D. Exchange of money
A. Purchase journal
B. Sales journal
C. Purchases return journal
D. Sales return journal
A. Bank statement
B. Statement of cash flow
C. Cash book
D. Cash documents
A. A sale of an asset is recorded in the Sales Book
B. Total of Return Outward Book is debited to Return Outward Account
C. The balance of Petty Cash Book is a liability
D. Cash Book is a subsidiary book as well as a ledger
A. Rent income account
B. Creditors account
C. Unearned income account
D. Cash account
A. 1949
B. 1956
C. 1961
D. 1972
A. Financial results of the concern for a period
B. Financial position of the concern on a particular date
C. Financial results of the concern on a particular date
D. Cost of goods sold during the period
A. Direct cost
B. Variable cost
C. Commercial cost
D. Conversion cost
A. Interest on loans and debentures
B. Annual fire insurance premiums on Plant and Equipment
C. Sales tax paid in connection with the purchase of office equipment
D. Small expenditures on long- lived assets, such as ` 20 for a paper weight.