Drawings by owner of business are generally recorded on which of the following side of a cash book?

Related Mcqs:

Which of the following is generally not the party to a check?

A. Payee B. Payer C. Bank D. Seller...

A simple or one column cash book usually has which of the following main columns?

A. Bank B. Payments C. Discount D. Cash...

Postage stamps on hand are considered as_________?

A. Bank B. Prepaid expenses C. Accounts receivable D. Creditor...

Introduction capital by owner of business is recorded on which side of a cash book?

A. Receipts B. Payments C. Incomes D. Expenditures...

A cash book that is used to record the small payments of cash is generally referred as_________?

A. Simple cash book B. Two column cash book C. Three column cash book D. Petty cash book...