Which column of a cash book will not have credit balance___________?

Related Mcqs:

A sale of Rs. 50.000 to A was entered as a sale to B. This is an example of____________?

A. Error of omission B. Error of commission C. Compensating error D. Error of principle...

Which of the following is known as an evidence that a transaction took place?

A. Cash receipts journal B. General journal C. Source document D. Cash book...

_________ is the evidence that a transaction took place?

A. Source documents B. Ledger C. Bonds D. Journals...

In a three column cash book_______________does not exist?

A. Cash column B. Bank column C. Petty cash column D. Discount column...

Which of the following is true with respect to providing depreciation under diminishing balance method?

A. The amount of depreciation keeps increasing every year while the rate of depreciation keeps decreasing B. The amount of depreciation and the rate of depreciation decrease every year C. The amount of depreciation decreases while the rate of depreciation remains the same D. The amount of depreciation and the rate of depreciation increases every … Which of the following is true with respect to providing depreciation under diminishing balance method?Read More...