Tag: recording and posting of cash transactions
Questions Related to recording and posting of cash transactions
The balance of petty cash is ____________.
Rent outstanding for the month of February will appear_________.
Withdrawl column of the Pass Book showed a wrong entry of Rs. 112. When the balance as per Cash Book is the starting point __________.
A debit balance of Rs. 1,000 has been brought forward as a credit balance of Rs. 100 on the next page in the Pass Book. To ascertain the balance as per Cash Book _______________________.
One outgoing cheque of Rs. 112 recorded as Rs. 121 in the Cash Book. (Note: This cheque was presented in the Bank). When the balance as per Cash Book is the starting point.
Debit balance in cash book means __________.
Cash paid to Creditors needed for the construction of cash account can be ascertained from __________________ .
The amount listed for cash in the trial balance represents __________________.
The amount paid to the petty cashier at the beginning of a period is known as __________ amount.
Which of the following statements is/are true ?
(i) Cash book records all cash receipts and cash payments
(ii) Cash book records all sale and purchase transactions of goods both in cash and on credit.
(iii) Cash book records discount on cash payments
Select the correct answer from the options given below :-