Cash received from debtor is recorded in which of the following SPECIALIZED journals?

Related Mcqs:

If a transaction is completely omitted from the books of accounts, will it affect the agreement of a trial balance?

A. Yes B. No C. Transactions can’t be omitted D. none of these...

________ is the gross inflow of economic benefits?

A. Assets B. Liabilities C. Income D. Expenses...

Payment of expenses will ______ the assets

A. Increase B. Reduce C. apportion D. Overstate...

Cash received from debtors would be deemed as___________of funds.

A. No flow B. Sources C. Uses D. Gain...

The Balance Sheet gives information regarding the____________?

A. Results of operations for a particular period B. Financial position during a particular period C. Profit earning capacity for a particular period D. Financial position as on a particular date...