Question
9. Which of the following payment is made from petty cash? (a) Purchase of non-current asset (b) Payment to creditors (c) Cash deposited into bank
9. Which of the following payment is made from petty cash? (a) Purchase of non-current asset (b) Payment to creditors (c) Cash deposited into bank (d) Payment of postage & telegrams 10. Which of the following transactions does not decrease cash? (a) Purchasing inventory for cash (b) Accruing operating expenses (c) Paying trade accounts payable (d) Purchasing securities that are not cash equivalents MCQs 11 To 20 11. The cash book called? (a ) Dual Book (b) Journalized ledger (c) Book of prime and secondary entry (d) All of before 12. The Debit balance of cash book indicates? (a) Net income (b) Cash in hand (c) Difference between debtors and creditors (d) None 13. In triple column cash book, cash withdrawn from bank for office use will appear in?
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