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Recording and P...

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  • Question 1
    1 / -0

    Cash sales are recorded in ___________.

  • Question 2
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    Balance of cash column in cash book has ____________.

  • Question 3
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    If a transaction involves both cash and bank account, it is entered on both sides of the cash book, one in the cash column and second in the bank column, though on opposite sides. This is called a _____________.

  • Question 4
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    An allowance of Rs $$50$$ was offered for an early payment of cash of Rs $$1,050$$. It will be recorded in ____________.

  • Question 5
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    Rs $$3,50,000$$ cash paid to creditors for settlements of credit purchases will be recorded in _______________.

  • Question 6
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    Salary paid in cash - Rs $$50,000$$ will be recorded in ____________.

  • Question 7
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    Payments in cash of small amounts like travelling expenses, postage, carriage, etc. are recorded in the ______________.

  • Question 8
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    Accounting for recovery from Mr. C of an amount of Rs $$2,000$$ earlier written off as bad debt will be recorded in _____________.

  • Question 9
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    Sold furniture on cash for Rs $$1,50,000$$ will be recorded in ______________.

  • Question 10
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    Purchase of furniture on cash for  Rs $$1,50,000$$ will be recorded in _____________.

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