Recording and P...

While adjusting the cash balance which one of the following is not taken into account?

Which of these items are taken into consideration for preparing adjusted cash book?

Cash purchase of trading goods is initially recorded in _______.

A company was entered in hire purchase agreement and had to pay Rs.1000 per month. Three payment we accounted but no entry was found in cash book. Identify the correct adjustment in cash book. 

Which of the following is/are advantages of the imprest system? 

Which of the following books is used to record purchase of the machinery by cash ? 

________will have a normal credit balance?

Which of the following type of discount is not considered in accounts?

Bank A/c will have _____.

The advantages of imprest system of petty cash include:
1. The main (or head) cashier is relieved of maintaining record of petty payments
2. Small payments are not stuffed in the main cash book.
3. Complete and reliable check is maintained on small items of expenses
4. It is automatically balanced.