Debit side of Bank Pass book corresponds to___________?
Debit side of Bank Pass book corresponds to___________?
A. Credit side of Cash Book
B. Debit side of Cash Book
C. Debit side of Trial Balance
D. Credit side of Balance Sheet
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Collection of account receivable will
Collection of account receivable will
A. Increase assets and decrease assets
B. Increase assets and decrease liabilities
C. Increase assets and increase capital
D. Increase assets and increase cashBank charges amounting to $5000 was not entered in the cash book. Identify the correct adjustment in cash book?
Bank charges amounting to $5000 was not entered in the cash book. Identify the correct adjustment in cash book?A. Bank charges will be debited in cash book
B. Bank charges will be added to cash book balance
C. Bank charges will be credited in cash book
D. Bank charges need no adjustment in cash book$5000 deposited in bank account was entered twice in the cash book. Identify the correct adjustment in cash book.
$5000 deposited in bank account was entered twice in the cash book. Identify the correct adjustment in cash book.A. $5000 will be credited
B. $5000 will be debited
C. $10,000 will be credited
D. $10,000 will be debitedNet sales equals, sales minus:
Net sales equals, sales minus:
A. Return outwords
B. Return inwards
C. cost of goods sold
D. carriage on salesPeriod cost include which of the following ?
Period cost include which of the following ?
A. selling Expense
B. Direct labor
C. factory overhead
D. selling Expenses & administrative expensesAnother name of journal is_____________?
Another name of journal is_____________?
A. Specialized journal
B. Day book
C. Cash book
D. Record book