In a three column cash book_______________does not exist?

Related Mcqs:

Keeping the log of financial information in books of original entries is called__________?

A. Recording B. summarizing C. Grouping D. Processing...

Capital of a business decreases if there is an increase in___________?

A. Drawings B. Income C. Gains D. Fresh 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...

At the time of preparation of financial accounts, bad debt recovered account will be transferred to?

A. Debtors A/c B. Profit & Loss A/c C. Profit & Loss Adjustment A/c D. Profit & Loss Appropriation A/c...