Tag: recording and posting of cash transactions
Questions Related to recording and posting of cash transactions
Goods worth Rs.15,000 purchased from Tarun for cash will be recorded in________.
If Sandeep sold goods for Cash, it will be recorded in _____________.
The Cash Book records ________________.
Balance in the Cash Book shows net income.
Cash book is a type of _______ but it is considered a ___________ of account.
The opening balance on the debit side of the bank column in Cash Book indicates ___________.
Direct payment to third party by the bank on behalf of the account holder is entered in ___________.
Cash book does not record _______________.
Which of the following will not be considered while preparing an amended cash book?
Accounting for partial recovery from Mr. Ram of an amount earlier written off as bad debt will be recorded in _________.