Practice mode / Cash Book Petty cash fund is supposed to be replenished? A Option A: Every day B Option B: Every half year C Option C: Every year D Option D: At the end of every accounting period Correct answer D. At the end of every accounting period Show answer
Question 01 / Cash Book Postdated checks are considered as? A Option A: Cash B Option B: Bank balance C Option C: Accounts receivable D Option D: Cash reserve Correct answer C. Accounts receivable Show answer Open question
Question 02 / Cash Book Which of the following is generally not the party to a check? A Option A: Payee B Option B: Payer C Option C: Bank D Option D: Seller Correct answer D. Seller Show answer Open question
Question 03 / Cash Book Cash book with cash and discount column is mostly referred as? A Option A: Simple cash book B Option B: Two column cash book C Option C: Three column cash book D Option D: Petty cash book Correct answer B. Two column cash book Show answer Open question
Question 04 / Cash Book A simple or one column cash book usually has which of the following main columns? A Option A: Bank B Option B: Payments C Option C: Discount D Option D: Cash Correct answer D. Cash Show answer Open question
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