A credit balance in cash book indicates?
Correct answer C. Bank overdraft
Tip: press A, B, C or D to answer, and N for the next question.
Advertisement
More Cash Book questions
See allPetty cash fund is supposed to be replenished?
Correct answer D. At the end of every accounting period
Postdated checks are considered as?
Correct answer C. Accounts receivable
Advertisement
Which of the following is generally not the party to a check?
Correct answer D. Seller
Cash book with cash and discount column is mostly referred as?
Correct answer B. Two column cash book
Discussion