Cash received for services rendered will______________?

Related Mcqs:

Financial accounting provides financial information to all of the following external users except:

A. Government agencies B. investors C. Creditors D. Managers...

The Basic accounting equation is___________?

A. Asset=Expense +Income B. Assets=Cash+Capital C. Assets=Capital+Liabilities D. Assets=Expenses+Capital...

A few errors committed in Ahhiwalia’s books of account are given below. State which errors would affect the Trial Balance.

(a). Sales of `950 to Ram completely omitted from books of account (b). Purchases of `720 from Shyam entered in the purchases journal as `700 (c). Purchases Journal is overcast by `1,000 (d). Sales returns journal is undercast by `200 (e) Amount paid to Agarwal wrongly posted to the debit to Mittal’s account (f) Bank … A few errors committed in Ahhiwalia’s books of account are given below. State which errors would affect the Trial Balance.Read More...

Which of these documents is not required for Bank Reconciliation?

A. Bank column of Cash Book B. Bank Pass Book C. Bank Statement D. Trial Balance...

Which of the following is not a feature of a promissory note?

A. It must be in writing B. It contains an unconditional promise to pay C. It is payable to the bearer D. It must be signed by the maker...