Question
A. A credit balance of Rs 10,000 in the bank column of the cash book shows that A the amount received exceeds the amount paid
A the amount received exceeds the amount paid out by Rs 10,000
B ~ 10,000 has been lost
C the accounts clerk has made mistakes
D the bank account has been overdrawn
B. If the bank account shows a credit balance of Rs 1,000, the accountholder deposits Rs 400 and draws a cheque for Rs 300, the balance in the bank account should be
A Rs 900 debit
B Rs 1,100 debit
C Rs 900 credit
D Rs 1,100 credit
C. A debit balance of Rs 5,000 in the cash column of the cash book shows that
A Rs 5,000 has been paid out
B Rs 5,000 is owing
C the amount received exceeds the amount paid by Rs 5,000
D Rs 5,000 has been credited into the bank account
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