Which of these transactions will not be recorded in cash book?
Which of these transactions will not be recorded in cash book?
A. Cash received from debtors
B. Cash paid to creditors
C. Salary remained outstanding
D. Cash deposited with bank
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Liability are arisen from which of the following events?
Liability are arisen from which of the following events?
A. Present event
B. Future event
C. Past event
D. None of themA simple or one column cash book usually has which of the following main columns?
A simple or one column cash book usually has which of the following main columns?A. Bank
B. Payments
C. Discount
D. CashA discount of $2000 was given to a supplier on his prompt repayment of debt but the cashier entered the gross amount in cash book. What should be the adjustment in cash to work out the correct balance of cash book?
A discount of $2000 was given to a supplier on his prompt repayment of debt but the cashier entered the gross amount in cash book. What should be the adjustment in cash to work out the correct balance of cash book?A. $2000 will be debited in cash book
B. $2000 will be credited in cash book
C. $4000 will be debited in cash book
D. $4000 will be credited in the cash bookWhich of these errors affect two or more accounts
Which of these errors affect two or more accounts
A. Errors of complete omission
B. Errors of principle
C. Errors of posting to wrong account
D. All the threeGeneral journal is a book of _______ entries?
General journal is a book of _______ entries?
A. First
B. Original
C. Secondary
D. GenericCosts that change in response to alternative courses of action are called___________?
Costs that change in response to alternative courses of action are called___________?A. Relevant costs
B. Differential costs
C. Target costs
D. Sunk costs